Wednesday, December 20, 2006

Juniper Networks rumoured target or could engage in buys - analyst report

uniper Networks, the California listed networking equipment company, is seeing talk it could be an acquisition target amid Ericsson's acquisition of Redback Networks, according to an analyst report.
According to a research report issued 20 December by BWS Financial analyst Hamed Khorsand, there is speculation that Juniper could be bought out or engage in a merger. According to the report, talk of Juniper being acquired is unsubstantiated. The report noted Juniper could engage in more acquisitions to remain competitive. The call was part of a broader research report looking at the Ericsson and Redback deal.
Juniper has a market capitalization of USD 11bn.


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