Juniper Networks, Ericsson Form Mobile Internet Venture

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Ericsson

(ERICY)

and

Juniper Networks

(JNPR) - Get Report

have agreed to a mobile Internet joint venture that aims to combine mobile voice networks and IP data networks.

The venture combines Juniper's routing expertise and its Internet software with Ericsson's technology in mobile IP systems. The companies, which didn't disclose any financial details of the agreement, said they expect to finalize details relating to the venture in the first quarter of 2001.