Press Releases
Juniper Networks Announces Strategic Relationship with Tsinghua University
Company Collaborates on Networking Research and Development with Leading Chinese University
SUNNYVALE, Calif., May 11, 2005 - Juniper Networks, Inc. (NASDAQ: JNPR) today announced a strategic relationship with Tsinghua University, China's leading science and engineering educational institution. Juniper Networks will provide funding, equipment and support, which will enable Tsinghua to build a world-class research and development (R&D) team and develop course curriculum. Juniper Networks will leverage Tsinghua's extensive R&D resources with access to top scholars and professors for conducting research on Juniper-sponsored projects.
"Tsinghua University is a highly regarded source of engineering talent in China's vibrant IT community, and we're extremely excited about our relationship," said Scott Kriens, chairman and CEO, Juniper Networks. "This collaboration is another example of our continued focus on innovation in every dimension to deliver secure and assured networking communications to customers worldwide."
"Our relationship with Juniper Networks is deep and rewarding," said Gong Ke, vice president of Tsinghua University. "The support we are receiving will help to build a long-standing relationship with clear benefit to both organizations, in addition to enriching the greater research community in China."
Juniper Networks will provide grants for three research projects, which will be submitted by either party and mutually approved. The company will also donate security solutions and routing platforms valued at over $4 million (USD) to equip a world-class research lab at Tsinghua University. Senior staff from Juniper Networks will also give lectures on industry trends and technological developments.
About Juniper Networks, Inc.
Juniper Networks is the leader in enabling secure and assured communications over a single IP network. The company's purpose-built, high performance IP platforms enable customers to support many different services and applications at scale. Service providers, enterprises, governments and research and education institutions worldwide rely on Juniper Networks to deliver products for building networks that are tailored to the specific needs of their users, services and applications. Juniper Networks' portfolio of proven networking and security solutions supports the complex scale, security and performance requirements of the world's most demanding networks. Additional information can be found at www.juniper.net.
Juniper Networks and the Juniper Networks logo, are registered trademarks of Juniper Networks, Inc. in the United States and other countries.
