OPENSTACK SUMMIT—Red Hat, Inc. (NYSE:RHT), the
world's leading provider of open source solutions, and Juniper
Networks (NYSE:JNPR), an industry leader in automated, scalable and
secure networks, today announced an initiative to provide a unified
solution for enterprises designed to manage and run applications
and services on any virtual machine (VM), any container and any
cloud environment by more extensively integrating Red Hat OpenShift
Container Platform and Red Hat OpenStack Platform with Juniper®
Contrail® Enterprise Multicloud.
In an effort to move faster, reduce costs and become more agile,
many companies have moved their workloads to the cloud and
container-based applications, which can be portable across hybrid
or multicloud environments. IT teams are facing pressure to support
new applications, while simultaneously maintaining security,
compliance and cross-organizational efficiencies for a consistent
user experience. At the same time, administrators often need to
provide innovative environments for developing or hosting
applications, delivering automation and visibility for application
workloads regardless of where they reside. Modern, agile solutions
can be used by customers to fully address current and future
requirements, but this can be stymied by existing proprietary
technologies, which can be slow to respond to change and can lock
customers into a monolithic, expensive and difficult to maintain
environment. These new IT realities have resulted in an industry
gap for open source-based solutions that can address these
challenges with not only a multicloud infrastructure and container
platform, but also a consistent networking solution to help
simplify operations and introduce efficiencies.
Red Hat and Juniper Networks are aiming to alleviate these
challenges with a joint solution that can manage IT teams’
connectivity, security and visibility all in one. By integrating
Red Hat OpenStack Platform, a highly scalable
Infrastructure-as-a-Service (IaaS) platform, and Red Hat OpenShift
Container Platform, the industry’s most comprehensive enterprise
Kubernetes platform, with Contrail Enterprise Multicloud, a
multicloud-ready networking, security, orchestration and monitoring
platform designed for any workload and any cloud across multivendor
environments, Red Hat and Juniper aim to enable enterprises to more
easily manage their full stack in hybrid or multicloud environments
with a unified solution, while enabling enterprises to avoid
unnecessary vendor lock-in and hasten innovation.
Contrail Enterprise Multicloud orchestrates end-to-end policy
and control with or without overlays designed to unify and
centralize application flow management and policy controls for
application and infrastructure workloads. By providing a packaged
software-defined networking (SDN) platform with strong security
capabilities and monitoring, Contrail Enterprise Multicloud is
designed to simplify and eliminate deployment and operation
complexities, while maintaining an open and more secure cloud
environment. By offering a solution that brings together Juniper’s
Contrail Enterprise Multicloud, Red Hat OpenShift Container
Platform and Red Hat OpenStack Platform, the companies are working
to deliver an open source-based, multicloud alternative to
proprietary platforms.
Supporting Quotes“The transition to the cloud
is increasingly complex, but having a unified, automated platform
can deliver a more seamless process with greater visibility. We are
thrilled to deepen our relationship with Red Hat so that together
we can provide an open and unified solution designed to allow
enterprises to simply and more securely manage their applications
and services across any and all kinds of environments.”
- Bikash Koley, Chief Technology Officer, Juniper Networks
“Modern IT often requires open solutions designed to meet the
requirements of today and well into the future. While proprietary
cloud infrastructure and networking solutions served their purpose,
they were not built with the flexibility open source can deliver
for a hybrid cloud world to help meet customer needs for platforms
that can speed agility and take advantage of new innovations. When
I talk to customers, I have found the frustration of having chosen
a proprietary solution that has limited their abilities in these
areas and has locked them in is real. An open source solution that
combines the power of containers and a scalable hybrid cloud
infrastructure solution with consistent networking can address
this. We’re excited to collaborate with Juniper to enable this for
customers.”
- Lars Herrmann, general manager, Portfolio Programs and
Strategy, Red Hat
About Red HatRed Hat is the
world's leading provider of open source software solutions, using a
community-powered approach to provide reliable and high-performing
cloud, Linux, middleware, storage and virtualization technologies.
Red Hat also offers award-winning support, training, and consulting
services. As a connective hub in a global network of enterprises,
partners, and open source communities, Red Hat helps create
relevant, innovative technologies that liberate resources for
growth and prepare customers for the future of IT. Learn more
at http://www.redhat.com.
Red Hat’s Forward-Looking Statements
Certain statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements provide current expectations of future events based on
certain assumptions and include any statement that does not
directly relate to any historical or current fact. Actual results
may differ materially from those indicated by such forward-looking
statements as a result of various important factors, including:
risks related to the ability of Red Hat to compete effectively; the
ability to deliver and stimulate demand for new products and
technological innovations on a timely basis; delays or reductions
in information technology spending; the integration of acquisitions
and the ability to market successfully acquired technologies and
products; risks related to errors or defects in Red Hat’s offerings
and third-party products upon which Red Hat’s offerings depend;
risks related to the security of Red Hat’s offerings and other data
security vulnerabilities; fluctuations in exchange rates; the
effects of industry consolidation; uncertainty and adverse results
in litigation and related settlements; the inability to adequately
protect Red Hat intellectual property and the potential for
infringement or breach of license claims of or relating to third
party intellectual property; changes in and a dependence on key
personnel; the ability to meet financial and operational challenges
encountered in Red Hat’s international operations; and ineffective
management of, and control over, Red Hat's growth and international
operations, as well as other factors contained in Red Hat’s most
recent Annual Report on Form 10-K (copies of which may be accessed
through the Securities and Exchange Commission's website at
http://www.sec.gov), including those found therein under the
captions "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations". In addition to
these factors, actual future performance, outcomes, and results may
differ materially because of more general factors including
(without limitation) general industry and market conditions and
growth rates, economic and political conditions, governmental and
public policy changes and the impact of natural disasters such as
earthquakes and floods. The forward-looking statements included in
this press release represent Red Hat's views as of the date of this
press release and these views could change. However, while Red Hat
may elect to update these forward-looking statements at some point
in the future, Red Hat specifically disclaims any obligation to do
so. These forward-looking statements should not be relied upon as
representing Red Hat's views as of any date subsequent to the date
of this press release.
Red Hat and OpenShift are trademarks or registered trademarks of
Red Hat, Inc. or its subsidiaries in the U.S. and other countries.
Linux® is the registered trademark of Linus Torvalds in the U.S.
and other countries. The OpenStack Word Mark is either a registered
trademark/service mark or trademark/service mark of the OpenStack
Foundation, in the United States and other countries, and is used
with the OpenStack Foundation's permission. Red Hat is not
affiliated with, endorsed or sponsored by the OpenStack Foundation,
or the OpenStack community.
About Juniper Networks Juniper Networks
simplifies the complexities of networking with products, solutions
and services in the cloud era to transform the way we
connect, work and live. We remove the traditional constraints of
networking to enable our customers and partners to deliver
automated, scalable and secure networks that connect the
world. Additional information can be found at Juniper
Networks (www.juniper.net) or connect with Juniper
on Twitter, LinkedIn and Facebook.
Juniper’s Forward-Looking StatementsStatements
in this press release concerning Juniper Networks' prospects,
product availability, future products and expected performance,
expected benefits of our products to users, and plans regarding a
joint solution or integration with third parties are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act that involve a number of
uncertainties and risks. Actual results or events could differ
materially from those anticipated in those forward-looking
statements as a result of certain factors, including delays in
scheduled product availability, incompatibility of technologies,
the company's failure to accurately predict emerging technological
trends, and other factors listed in Juniper Networks' most recent
report on Form 10-K and Form 10-Q filed with the Securities and
Exchange Commission. All statements made in this press release are
made only as of the date of this press release. Juniper Networks
undertakes no obligation to update the information in this release
in the event facts or circumstances subsequently change after the
date of this press release. Any future product, feature,
enhancement or related specification that may be referenced in this
press release are for information purposes only, are subject to
change at any time without notice and are not commitments to
deliver any future product, feature, enhancement or related
specification. The information contained in this press release is
intended to outline Juniper Networks' general product direction and
should not be relied on in making a purchasing decision.
Juniper Networks, the Juniper Networks logo, Juniper and Junos
are registered trademarks of Juniper Networks, Inc. and/or its
affiliates in the United States and other countries. Other names
may be trademarks of their respective owners.
Media Relations: Stephanie Vanegas Juniper
Networks +1 408-936-8169 svanegas@juniper.net
and
Sydney FiorentinoRed Hat, Inc.+1
978-392-1044sfiorent@redhat.com
Juniper Networks (NYSE:JNPR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Juniper Networks (NYSE:JNPR)
Historical Stock Chart
From Mar 2023 to Mar 2024