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Report: Nokia Considers Acquiring Juniper Networks

Juniper has a market value of $14B

Nokia is said to be considering purchasing U.S.-based networking equipment manufacturer Juniper Networks, MarketWatch reported Friday.

Citing a German online publication, MarketWatch says Nokia aims to expand a sales partnership with Juniper and is exploring a merger between Juniper and the Finnish company's Nokia Siemens Networks division.

The article states that Rajeev Suri, CEO of Nokia Siemens Networks, went to the U.S. in late 2013 to explore options with Juniper's management team.

Juniper has a market value of $14 billion, according to the article.

MarketWatch reports Nokia reached a $7.3 billion agreement to sell its handset business to Microsoft Corp.

More Stories By Tim Watson

Tim Watson supervises all media production at Executive Mosaic, a digital media company that provides insight, information and analysis on several industries, including government contracting.

He previously produced byline coverage with the economics team at USA Today and evaluated lending proposals for the Overseas Private Investment Corporation.

Tim was born and raised in Washington, DC and holds a bachelor’s degree in Business-Journalism from Washington and Lee University and a certificate in budgeting and finance from Georgetown University's School of Continuing Professional Education.

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