Juniper Networks Inc.
) recently announced that it has provided the China Education and
Research Network ('CERNET') with its advanced core routing
solutions (T4000). Financial terms of the deal were kept
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The Chinese government and the Chinese Ministry of Education
jointly set up a nationwide education and research computer
network, the CERNET. The network is constructed and operated by
Tsinghua and other leading Chinese universities. CERNET
interconnects a number of Chinese Universities, educational
institutes and research centers and is dedicated to support the
country's higher education institutions.
With Juniper's T4000 routers, CERNET is now delivering ultra-fast
broadband services to educational institutions and is helping the
government to achieve the objectives of its education Project
211, initiated in 1995. The project was intended to improve the
research standards of leading Chinese universities. As many as
20,000,000 students in 2000 universities across China are
benefiting from the broadband services.
Juniper's association with CERNET dates back to 2005. Prior to
this deal, the institute tasted success using Juniper's T-series
Juniper's T4000 core routers were introduced as a next iteration
of its flagship T-series routers in 2010. The launch of T4000 was
made to compete with
Cisco Systems Inc.
) Carrier Routing System 3 (CRS 3).
Juniper's T-series, M-series, E-series, MX-series, and J-series
families of routers form an integral part of its networking
architecture, which runs on the Junos operating software. The
software simplifies networking operations and reduces the cost of
ownership. Moreover, the platform provides room for enhancement
of capabilities without additional capital outlay.
We remain encouraged by the rapid deployment of Juniper's
networking products and services by organizations and government
verticals to meet growing business demand. We also appreciate
Juniper's continuous efforts to make strategic acquisitions,
which enrich its product portfolio.
Despite stiff competition from
F5 Networks Inc.
), Cisco and
), we are positive on Juniper's new product traction, focus on
revenue growth, cost reduction initiatives specially aided by
headcount reduction and improving execution on supply chain and
Currently, Juniper has a Zacks Rank #2 (Buy).