Juniper Networks Speaks, Many Are Listening!
Steve - I hope you were untouched by the fires last week, if we don't get rain soon, I'm afraid they will evacuate the whole state of Florida! I went up to Tallahassee for four days to get away from the smoke over the Holiday. Many thanks to Fire Fighters from all over the US for their help. On our trip to and from Tally, I saw convoys of Fire Trucks from S. Carolina, Bulldozers from Minnesota, Etc.
On our way up while stopping for gas in Lake City, I talked to two guys from Indianapolis on their way to Daytona Beach for the Pepsi 400, after they had just learned the race was cancelled.
Ok! Enough about Florida In Flames.....
I've been waiting a long time to hear what Juniper Networks has that had inspired big players to invest $60 Million in the company.
Juniper breaks silence with router OS rollout Mountain View, Calif. - Heavily funded router start-up Juniper Networks, Inc. broke its silence today by unveiling the operating system behind its forthcoming Internet backbone router.
Juniper, which has been the most closely watched of the high-speed router start-ups because of its funding and funders - $62 million from the likes of Lucent Technologies, Inc., Northern Telecom, Ltd. And 3Com Corp. - has also been the most tight-lipped about its product development. That may be because the company does not want to tip its hand on something that might actually give Cisco Systems, Inc. a run for the Internet backbone money.
Still, Juniper did tip its hand ever so slightly with the introduction of its JUNOS operating system. Rather than a delivery vehicle for differentiated classes of Internet services, the JUNOS software is designed to help scale the Internet via traffic engineering and ensure predictable service through software reliability, said Joe Furgerson, Juniper director of marketing. Full Story @: nwfusion.com
>>>>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< The article above only mentions 2 players, but I know that the president and CEO Scott Kriens had convinced many more heavy hitters such as Ericsson, Newbridge Networks, Northern Telecom, Siemens, 3Com and WorldCom Inc. and Lucent to invest in Juniper.
These companies have partial ownership in Juniper and distribution rights to Junipers Products.
Juniper develops enabling technology in a complex network model, which includes access products, backbone products, ATM, Sonet and wave division multiplexing .
I first became interested in Juniper Networks about a year ago, and now I finally have a small piece of the puzzle.
I imagine that the Network players investing in Juniper are looking for a edge to get the jump on Cisco.
One thing is for certain IMHO, when they go IPO, it will be the biggest IPO in a pure networking working company we have seen to date.
I wonder if Pat knew Newbridge was invested in Juniper? JW@KSC |