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Jan 9, 2024 · HOUSTON, Texas and SUNNYVALE, California – January 9, 2024 – Hewlett Packard Enterprise (NYSE: HPE) and Juniper Networks, Inc. (NYSE: JNPR), a leader in AI-native networks, today announced that the companies have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion.
Jan 10, 2024 · 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 ...
Jan 10, 2024 · On an annual recurring revenue basis, it’s $1.7 billion in combination with Juniper, says HPE (see slide below). The combination with Juniper will more than double networking revenue. Cisco’s ...
Jan 10, 2024 · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hewlett Packard Enterprise has agreed to acquire Juniper Networks for about $14bn, highlighting a growing ...
Jan 22, 2024 · 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.
- David Chernicoff
Jan 10, 2024 · Hewlett Packard Enterprise’s swoop for Juniper Networks is set to create the second-biggest networking company in the U.S. market. That's both an opportunity and a challenge for Cisco Systems ...
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Jan 12, 2024 · Hewlett Packard Enterprise announcing its plans to spend a cool $14 billion on fellow networking provider Juniper Networks earlier this week could challenge the dominance of market leader Cisco ...