Euronext Network Chief Andrew Bach Joins Juniper

Andrew Bach, United Nations agency oversaw important upgrades to network infrastructure for the world exchange company NYSE-Euronext, has joined Juniper Network as chief creator of the networking vendor’s money Services Team.

Bach and Juniper square measure recent friends. NYSE-Euronext, wherever Bach was senior vice chairman and international head of network services, selected Juniper switches for a 10-Gigabit LAN data-center network project declared in 2009. The deal, that the businesses aforesaid would comprehend many Juniper switches, was a significant win for Juniper’s enterprise switch business, AN unsuccessful person to the dominant Cisco Systems. Continue reading “Euronext Network Chief Andrew Bach Joins Juniper”

CSCO, JNPR, FFIV, RVBD Sufficiently ‘Cloudy’ for Citi

Citigroup’s Kevin Dennean nowadays started out coverage of 4 networking stocks with obtain ratings, writing that though company knowledge networking sales won’t outperform overall IT spending, nevertheless there’s the prospect for growth in sales to phone firms, given their “still incomplete move to IP-based networks and layer 4-7 switching/routing.”

Dennean started F5 Networks (FFIV), Juniper Networks (JNPR) Riverbed Technology (RVBD), and Cisco Systems (CSCO) with obtain ratings, with worth targets of $130, $22, $22, and $19, respectively. Continue reading “CSCO, JNPR, FFIV, RVBD Sufficiently ‘Cloudy’ for Citi”

Juniper: Needham Says Hold, Prefers F5 as Control Shifts

Needham & Co.‘s Alex Henderson this afternoon assumes coverage of Juniper Networks (JNPR), cutting the stock to carry from purchase, writing that though it’s a “solid company with respectable growth prospects,” he’s involved Juniper’s profitability is threatened by broad changes within the networking trade, together with additional “virtual” aspects of kit.

Henderson prefers F5 Networks (FFIV), that he initiated this afternoon with a purchase rating and a $130 worth target.

First and foremost, it’s potential Juniper can see its success so far in security product for networks usurped as additional security functions move out of the “control plane” of routers and switches and into the applying layers, he opines, which, if true, would play to the strengths of F5 and others: Continue reading “Juniper: Needham Says Hold, Prefers F5 as Control Shifts”

NYSE Taps Juniper for 10G Ethernet Network

Juniper Networks has landed maybe its most important enterprise client so far, because the ny Stock Exchange plans to deploy many the company’s switches for a time-sensitive, low-latency 10Gbps Ethernet network.

The network can connect 2 NYSE information centers — one in New Jersey and also the alternative in London. NYSE officers say it’ll be among the fastest trading networks within the world, with latency within the fifty microsec to one hundred fifty microsec vary.

NYSE can deploy twenty to forty Juniper EX 8216 switches in its core and “a couple hundred” EX 2500s within the access layer of the network, NYSE officers said. The EX 2500 could be a 10Gbps Ethernet top-of-rack information center switch that Juniper OEMs from a 3rd party, probably BLADE Network Technologies — it doesn’t run the company’s JUNOS operating system. Continue reading “NYSE Taps Juniper for 10G Ethernet Network”

Cloud, Mobility Will Drive Revenue, Juniper

Juniper Networks (JNPR) reaffirmed its long-term forecast for annual revenue growth of twenty p.c or additional because it met with monetary analysts on Thursday following 2 massive product-line introductions.

The company remains centered solely on networking and believes it will keep taking market share from competitors by seizing on architectural transitions driven by the explosive growth in information traffic in enterprise and carrier networks, CEO Kevin Johnson said at the annual Juniper monetary Analyst Meeting in San Francisco. Continue reading “Cloud, Mobility Will Drive Revenue, Juniper”