Juniper, Nokia Siemens in Ethernet Pact

Stock quotes in this article: JNPR , NOK , SI , CSCO , CIEN  

Sales-starved networking gearmakers Juniper (JNPR Quote) and Nokia (NOK Quote) Siemens (SI Quote) say they are joining forces in a so-called carrier Ethernet partnership.

The move would consolidate the Ethernet switching and transport business under a combined operation located in The Netherlands. No financial terms of the joint venture were disclosed.

Ethernet is the preferred communications protocol between computer networks and its affordable high-capacity technology has spread beyond business systems to phone networks.

Other players in the Ethernet switching arena are Cisco (CSCO Quote) and Ciena (CIEN Quote), among others.

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