Juniper’s Partnership With VMware Will Boost Private Cloud Adoption

Grazed from SeekingAlpha. Author: Maria Zahid.

Cloud computing technologies have continued to take the world of IT and digital media by storm as more and more companies are switching over to the innovative new technology, in an effort to ride the wave of momentum that it has gained since its inception. Network infrastructure provider Juniper Networks has decided to expand its already existing agreement with leading cloud infrastructure provider VMware.

Juniper had previously agreed to collaborate with VMware over the provision and development of integrated technologies. The companies have now agreed to develop platforms and enabling environments for the adoption of private cloud computing. The deal would allow both companies to grow and gain a foothold in the emerging cloud market…

Juniper needs to give its investors something to cheer about as its share prices have not been able to recover properly since after falling drastically from decade high levels in 2011. Juniper’s shares were trading at $21.22 as the market closed on 11th December…

Read more from the source @ http://seekingalpha.com/article/2759115-junipers-partnership-with-vmware-will-boost-private-cloud-adoption