Nortel-Juniper Alliance
Your Location: Home / News & Events / News Releases
June 29, 2000
Nortel Networks and Juniper Networks to Form Alliance to
Deliver Powerful Internet Infrastructure Solutions
ATLANTA - Nortel Networks* [NYSE/TSE: NT] and Juniper Networks*
[NASD: JNPR] have signed a Memorandum of Understanding to form an
alliance to provide a compelling combination of advanced optical and core
routing solutions to help service providers and carriers build powerful Internet
infrastructures.
The alliance is intended to help service providers realize revenues faster with
solutions from Nortel Networks and Juniper Networks. Under the alliance, the
two companies will participate in joint marketing, network planning, and
implementation. The two companies also will adopt open, multi-vendor,
end-to-end network management and service provisioning, such as Nortel
Networks' Preside* serviceware. Nortel Networks will offer a winning solution
with Juniper Networks M-series routers, while Juniper Networks can enjoy
increased presence in the service provider market through Nortel Networks'
installed base of customers.
"As a result of this customer-driven alliance, two of the market-leading
companies in optical networking and IP infrastructure will represent a new
competitive force in the market," said Anil Khatod, president, Global Internet
Solutions, Nortel Networks. "By delivering leading-edge solutions to our
mutual customers, Nortel Networks and Juniper Networks are accelerating
the build-out and deployment of global Internetworking. This is beneficial first
to our customers and to both companies."
The alliance between Nortel Networks and Juniper Networks will deliver
high-performance networks based on open standards and will work to ensure
interoperability between high-performance optical networking and core
routing technologies.
"Customers are looking for interoperable solutions with best-in-class
products," said Scott Kriens, CEO and president, Juniper Networks. "This
alliance delivers those solutions. Nortel Networks and Juniper Networks are
driving the high-performance Internet to be more reliable and faster than ever
before. The strengths of our companies will make it possible to deliver
advanced IP services that will eliminate bottlenecks and meet the speed and
bandwidth demands of emerging applications such as streaming video, voice
over IP, and multicast."
Nortel Networks' Optical Internet portfolio carries 75 percent of Internet traffic
in North America and 50 percent in Europe, according to analyst firms RHK
and The Yankee Group, respectively. Juniper Networks backbone routers are
currently deployed in most of the world's largest IP networks -
complementing Nortel Networks' current Optical Internet portfolio. Nortel
Networks and Juniper Networks were the first to introduce and ship
10-Gigabit implementation on optical and packet products, respectively.
"The alliance accelerates 'speed-to-benefit' through the integration of leading
product portfolios in an open, multi-vendor environment," said Andy
MacLeod, executive vice president, Global Network Operations, Cable and
Wireless. "The joint marketing, network planning, and implementation within
this alliance allow us, as a customer of both companies, to realize revenues
faster."
"The alliance makes a lot of sense and certainly bodes well for service
providers interested in deploying technologies supporting the Optical
Internet," said Mike Gaddis, CEO and founder of CoreExpress.
"CoreExpress is leveraging both Nortel Networks and Juniper Networks
leading technologies as we deliver the first solution to guarantee extranet
communication across multiple ISPs. This alliance promises to make it even
easier for us to deliver increased user benefits. We are very excited to see
strategic suppliers working together on this level."
The two companies are in the process of finalizing the alliance
documentation.
About Juniper Networks
Juniper Networks, Inc. is a leading provider of purpose-built systems that
meet the scalability, performance, density, and compatibility requirements of
rapidly evolving, optically enabled IP networks. The company's purpose-built
systems provide new IP infrastructure solutions for the world's leading
service providers. Juniper Networks service, manufacturing teams, and IP
engineers work closely with customers to build and support customer
networks. The company is headquartered in Sunnyvale, California. For more
information, please contact the company at 408-745-2000 or visit the Web
site at juniper.net.
About Nortel Networks
Nortel Networks is a global Internet and communications leader with
capabilities spanning Optical, Wireless, Local Internet and eBusiness. The
Company had 1999 U.S. GAAP revenues of US$21.3 billion and serves
carrier, service provider and enterprise customers globally. Today, Nortel
Networks is creating a high-performance Internet that is more reliable and
faster than ever before. It is redefining the economics and quality of
networking and the Internet, promising a new era of collaboration,
communications and commerce. Visit us at www.nortelnetworks.com
Certain information included in this press release is forward-looking and is
subject to important risks and uncertainties. The results or events predicted
in these statements may differ materially from actual results or events.
Factors which could cause results or events to differ from current
expectations include, among other things: the impact of price and product
competition; the dependence on new product development; the impact of
rapid technological and market change; the ability of Nortel Networks and/or
Juniper Networks to make acquisitions and/or integrate the operations and
technologies of acquired businesses in an effective manner; general industry
and market conditions and growth rates; international growth and global
economic conditions, particularly in emerging markets and including interest
rate and currency exchange rate fluctuations; the impact of consolidations in
the telecommunications industry, the uncertainties of the Internet; stock
market volatility; the ability of Nortel Networks and/or Juniper Networks to
recruit and retain qualified employees; and the impact of increased provision
of customer financing by Nortel Networks and/or Juniper Networks. For
additional information with respect to certain of these and other factors, see
the reports filed by Nortel Networks and Juniper Networks with the United
States Securities and Exchange Commission. Nortel Networks and Juniper
Networks disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
*Nortel Networks, the Nortel Networks logo, the Globemark, Preside and
How the world shares ideas are trademarks of Nortel Networks. Juniper
Networks is a registered trademark of Juniper Networks, Inc. All other
trademarks, service marks, registered trademarks, or registered service
marks may be the property of their respective owners.
Contact for Press and Analysts:
Business Media
Jeff Ferry
Nortel Networks
703-712-8339
jferry@nortelnetworks.com
Investment Analysts
Nortel Networks
905-863-6049
888-901-7286
investor@nortelnetworks.com
Advanced Search
Products & Services | Customer Solutions | Order Online | Customer Support
Partners | User Communities | News & Events | Careers
Corporate Information | Media Center | Investor Relations
Home | Contact Us | Help | Privacy Statement
Copyright © Nortel Networks Limited 2000. All Rights Reserved. |
