Juniper to buy Unisphere
Carrier network gear vendor Juniper Networks has agreed to acquire Unisphere Networks, a network equipment division of Siemens, in a deal that will also give Juniper access to Siemens' worldwide sales channels. Juniper, the biggest rival to Cisco Systems in the router business, will acquire Unisphere for $US375 million and 36.5 million shares, which equates to a total of around $US740 million. The acquisition is subject to regulatory approvals and is expected to close in the third calendar quarter of this year. Unisphere makes routers, gateway devices, and other equipment and software for networks based on IP (Internet Protocol). As part of the agreement, Siemens will sell Juniper's routers and other carrier equipment through its sales and systems integration operations.
AGC signs diplomats
Asia Global Crossing has scored a contract to provide managed data services to 40 Australian embassies, consulates, high commission and diplomatic missions throughout the globe. Secured through Australia's Department of Foreign Affairs and Trade, AGC has been contracted to implement and support a data communications network infrastructure for the dispersed group of offices. Asia Global Crossing impressed the DFAT with a pilot service involving a leased line between Chicago and Washington, and an ATM service between London and Canberra.
Ericsson appoints new MD
Barry Borzillo has been appointed managing director of Ericsson Australia and market unit head of Australia, New Zealand and the Pacific Islands. Borzillo returns to Australia after four years in international roles with Ericsson, including vice president and general manager of global services in North America. Borzillo will initially focus on ramping up the vendor's telecommunications business. Assuming the title from June 3, Borzillo takes over from Karl Sundstrom, who was promoted to head of global services for Ericsson.