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HPE to acquire Juniper Networks for $14 billion

05:50pm, Tuesday, 09'th Jan 2024
Hewlett Packard Enterprise said in a statement on Tuesday that it plans to buy data center networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal.
Juniper Networks (NASDAQ: JNPR ) stock jumped 22% overnight after a report that Hewlett Packard Enterprise (NYSE: HPE ) may be about to buy it for $13 billion. Juniper, which competes with Cisco Syste
The potential acquisition of Juniper Networks (JNPR) isn't just about expanding Hewlett Packard Enterprise's (HPE) networking infrastructure. It could be a substantial leap into advancing its AI capab
Juniper Networks' shares climbed 23% in premarket trading on Tuesday after reports Hewlett Packard Enterprise was nearing a $13 billion deal for the networking gear maker to capitalize on the boom in
Hewlett Packard Enterprise Co (NYSE:HPE) is reportedly in discussions to acquire Juniper Networks, Inc. (NYSE:JNPR), the network hardware company, in a deal estimated at around US$13 billion, accordin
Excitement around artificial intelligence is prompting deals in the tech sector.
Hewlett Packard Enterprise is in talks to buy Juniper Networks, a deal with AI implications, the WSJ said. HPE stock dived.
Shares of Juniper Networks Inc. JNPR, +1.04% soared 26% in extended trading Monday following a report that Hewlett Packard Enterprise Co. HPE, +3.20% is in advanced talks to acquire Juniper for approx
Hewlett Packard Enterprise is in advanced talks to buy network gear maker Juniper Networks for about $13 billion to better position the nearly 100-year-old technology company in the era of artificial
The deal could be unveiled this week, valuing Juniper at roughly $13 billion.
It's hard to imagine that the chip and technology sector could repeat the stunning year it had in 2023, but financial and technology analyst groups both are nearly universal in agreement that 2024 wil
While HPE is expected to experience muted growth in the near term due to backlog digestion, underlying demand for HPC and AI remains strong. HPE reported in-line financials with revenue of $7.4 billio
Hewlett Packard Enterprise (HPE) reported earnings 30 days ago. What's next for the stock?
Hewlett Packard (HPE) partners with the University of Stuttgart to build two supercomputers, named Hunter and Herder, for the latter's High-Performance Computing Center.
Industry players like IBM HPE, AGYS and PAR are gaining from the increased demand for integrated solutions and the growing adoption of the multi-cloud model, despite persistent supply chain constraint
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