Juniper's QFabric Lands in Hong Kong
Juniper Networks Inc. (NYSE: JNPR) has landed another QFabric customer in Asia, announcing Thursday that Hong Kong Exchanges and Clearing (HKEx) will use the platform.
QFabric will be at the heart of a new data center due for completion by the third quarter of 2012, according to Juniper's release. Among the features HKEx is emphasizing is the low-latency aspect of the data center, which could be crucial for financial trading.
QFabric was designed as the central switching platform for very large data centers. Announced customers so far include Qihoo 360 Technology Co., a security software vendor based in China; Orica Ltd., in Australia; and Jan Yperman Hospital in Belgium.
Why this matters
Juniper is battling rumors that QFabric hasn't lived up to its performance promises. Those rumors might have prompted the company's March press release touting "record-breaking" test results for the platform. (See Juniper Touts QFabric Tests.)
Juniper has slipped from grace with Wall Street, having put up a couple of disappointing quarters recently. Its stock has languished accordingly. For growth, the company is counting on its wave of new products, including QFabric, the T4000 core router and the PTX packet-optical system.
MobileNext, Juniper's evolved packet core, doesn't seem to be on that list any more. It wasn't even mentioned on the most recent earnings call.
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— Craig Matsumoto, Managing Editor, Light Reading