Hpe To Acquire Juniper Networks To Accelerate Ai Driven Innovation Hewlett packard enterprise announced it will acquire ai native networks company juniper networks (nyse: jnpr)in an all cash transaction for $40.00 per share, an equity value of approximately $14 billion. Combining hpe and juniper’s complementary portfolios supercharges hpe’s edge to cloud strategy with an ability to lead in an ai native environment based on a foundational cloud native architecture.
Hpe To Acquire Juniper Networks In 14bn Ai Deal After the word leaked that hpe was acquiring juniper networks on monday, the news was officially announced after the market close on tuesday, with a deal price of $14 billion. Hewlett packard enterprise (hpe) ceo antonio neri is holding out hope his prized acquisition of juniper networks (jnpr) will close in early 2025. Hewlett packard enterprise (hpe), while promising for months that its landmark, $14 billion acquisition of juniper networks would close in late 2024 or early 2025, recently hit a roadblock when the u.s. department of justice sued to block the deal. Hewlett packard enterprise is acquiring juniper networks in a $14 billion deal that sets up a battle for network supremacy in the ai era between hpe aruba networking and market leader cisco.
Hpe To Acquire Juniper Networks What You Need To Know Hewlett packard enterprise (hpe), while promising for months that its landmark, $14 billion acquisition of juniper networks would close in late 2024 or early 2025, recently hit a roadblock when the u.s. department of justice sued to block the deal. Hewlett packard enterprise is acquiring juniper networks in a $14 billion deal that sets up a battle for network supremacy in the ai era between hpe aruba networking and market leader cisco. Hewlett packard enterprise’s (hpe) acquisition of ai focused juniper networks for about $14 billion in cash represents a significant shift in the networking and ai technology landscape, giving hpe a significantly expanded set of tools and products to go head to head with top tier networking vendors, such as perennial market leader cisco. The proposed acquisition of juniper networks accelerates our opportunity to capture the immense opportunity ai presents to us by delivering a modern ai driven networking fabric to train and deploy ai applications, while pivoting our hpe portfolio mix to higher growth and higher gross margin areas of the market. Hewlett packard enterprise said it's agreed to buy networking gear vendor juniper networks for about $14 billion, or $40 per share, in an all cash deal. hpe expects to close the deal late.