SINGAPORE and SUNNYVALE, Calif. -- Flextronics (Nasdaq: FLEX - News) and Juniper Networks, Inc. (Nasdaq: JNPR - News) today announced a global outsourcing relationship whereby Flextronics will provide a portion of new product introduction, manufacturing, and logistics services on a worldwide basis for Juniper's security and networking products.

"Today's announcement underscores the advantages that Flextronics provides to leading OEMs. A key benefit for Juniper is our unique ability to seamlessly and efficiently transfer large-scale, complex products to low-cost regions," said Michael Clarke, president of Flextronics' Infrastructure segment. "Additionally, our market segment approach enables us to focus resources specific to Juniper's particular market need."

"We're excited about our partnership with Flextronics," commented Kevin Q. Smith, vice president, operations, Juniper Networks. "Juniper is committed to partnering with industry-leading organizations like Flextronics, as it continues to grow and expand its worldwide footprint. We are impressed with the breadth and depth of the global vertically integrated services offered by Flextronics and look forward to working with them to ensure we continue to maintain our momentum in the global market."

Flex (Nasdaq: FLEX)