Wednesday, March 15, 2006

GigaOm: Ericsson Buying Juniper?

Om Malik writes on his Next Generation blog:

Not that you can take it to the bank, but the word from Sweden is that Juniper is going to be taken over by Ericsson. It is hard to imagine why Juniper, despite its recent problems, will be willing to sell out?

Juniper has a market capitalization of around $11.4 billion, while Ericsson commands about $55 billion in market valuation. You can read the AFX news report (via Forbes) on this whole rumor - right here.


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