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Juniper Snatching Router Market Share From Cisco

 

Juniper Networks (JNPR Quote) investors are feeling thankful Wednesday as the upstart networker feasts on a growing slice of Cisco's (CSCO Quote) Internet router pie.

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The Dell'Oro Group, one of the communications equipment industry's top market research shops, has crunched the third-quarter sales numbers for core routers, and the math isn't working in Cisco's favor. A report issued Friday shows Juniper took a stunning 30% of the core router market in the most recent period, up from 22.5% in the second quarter. In this largely two-player market, that means Cisco's stake fell to 68% from 75%, says Dell'Oro. ...

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