One of the leading providers of networking solutions and
) recently announced that it has extended its partnership with
) to offer solutions for connecting virtual and physical networks
within a virtual data center. VMware is an industry-leading
virtualization software company.
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The partnership involves Juniper's VMware NSX L2 Gateway
integration and VXLAN routing products that enable connection
within a data center and between data centers and speed up the
transition to software-defined networking (SDN). Considering
VMware's market position and customer clout, the partnership
should help Juniper Networks expand its customer base.
The increasing complexity in cloud infrastructure has led to
growing demand for SDN solutions. These solutions increase the
flexibility of the infrastructure and reduce costs for companies.
It is expected that the lower cost proposition will lead to
quicker adoption of SDN technology, which bodes well for
suppliers such as Juniper.
Juniper's second-quarter 2013 revenues moved up 7.2% to $1.15
billion from the year-ago quarter and 8.6% sequentially. It is
witnessing strong revenue growth in some of its key business
markets and is gaining traction in its routing and switching
portfolio. The company's new products, cost reduction initiatives
and improving execution are expected to remain the positives,
Juniper Networks Inc. is a leading provider of networking
solutions and communications devices. The company develops,
designs and sells products that help to build network
infrastructure, which are used for services and applications
based on single Internet protocol networks worldwide.
However, the pending outcome of the SEC investigation,
Cisco Systems, Inc.
), still-sluggish federal spending and unfavorable macroeconomic
conditions remain near-term headwinds.
Currently, Juniper has a Zacks Rank #2 (Buy).