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Juniper Networks, Inc. (NYSE:JNPR) inked a pact with Samsung Electronics Co (OTC:SSNGY) and Wind River on a virtual cell site router (vCSR) to allow service providers to operate their networks with end-to-end virtualization.
vCSR integrates the distributed unit and CSR functionalities into virtualized network elements hosted on a single server.
Under the deal, the firms fused the Juniper Cloud-Native Router, a completely containerized network component, with Samsung’s virtualized DU (vDU) on the Wind River Studio Cloud Platform.
The Juniper Cloud-Native Router takes full advantage of container economics and operational efficiencies, giving service providers the flexibility they need to deploy 5G.
“Juniper’s collaboration with Samsung and Wind River is creating a solution that helps them to amortize 5G investments, build a sustainable infrastructure and create more attractive service offerings,” said Raj Yavatkar, SVP and CTO, Juniper Networks.
As announced on January 9, 2024, Hewlett Packard Enterprise Company (NYSE:HPE) plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion.
The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals.
For the fourth quarter, Juniper’s preliminary results depicts net revenues of $1.36 billion, a decrease of 6% year over year, and a decrease of 2% sequentially.
Price Action: JNPR shares closed higher by 0.24% to $36.99 on Wednesday.
