Juniper Networks has sent new equipment, high speed networks to help telecommunications companies and Internet service providers build faster networks.
Juniper’s high-flying, which competes with Cisco Systems, Nortel Networks and others, is best known for its high-speed routers carrying information over Internet networks.
Juniper shares jumped over a product announcement today, also in the word of the company sealed a contract with the ISP Verio’s national team worth $ 7 million. The shares rose more than 14 percent to 332, close to the company high of 335.75.
Juniper networking equipment offered for the “core” of the Internet, or backbone through which information travels net. new router for high speed business ready for the “edge” of a network, where service providers in contact with other service providers and Internet companies.
Juniper executives said the company needed to expand their range of network equipment to help remove the ISP network congestion and provide more network services to customers.
“As we move high-bandwidth in the center, you need to carry high bandwidth at the edge, Juniper’s vice president of marketing, said Joe Furgerson. “ISPs are providing more services to the largest consumers of bandwidth, and that’s not a market that is well served.”
The new device, called the M20 router, will allow network providers to offer more services such as Web application hosting and distribution of audio and video across the Web.
Forrester Research analyst, said Brendan Hannigan new product line of Juniper will help you better compete against Cisco, which already sells routing devices.
“There are more dollars at the edge,” said Hannigan. “If they continue to grow, they must go beyond being a central router company. It’s hard being a simple product of the single undertaking.”
Juniper went public in June and had one of the most successful IPOs of the year.
