Juniper Networks has taken a $3m slice of ADVA AG Optical Networking. Juniper is obliged to hold the shares issued to them for at least 18 months from the day the related capital increase is registered with ADVA Optical Networking.

This obligation is subject to certain conditions, in particular that ADVA Optical Networking will remain independent. In addition, the companies will evaluate the potential for jointly marketing and selling next-generation Internet Protocol (IP)-based transport solutions to service providers to help reduce network complexity and costs.

"Juniper Networks is a great partner with global reach and presence at all tier one accounts," said Brian Protiva, chief executive officer at ADVA Optical Networking. "Their products have earned a fantastic reputation in the service provider community for delivering leading-edge performance for IP networking. Our innovative Optical+Ethernet transport solutions and open software framework make for an ideal foundation for Juniper's portfolio of switches and routers."

"ADVA Optical Networking has been recognised for delivering high-quality, and cost-effective optical transport products to market and shares a similar vision for enabling customers to benefit from improved economics," said Stefan Dyckerhoff, executive vice president and general manager of Infrastructure Products Group at Juniper Networks. "Our investment will strengthen the relationship between both companies."