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If completed, the acquisition would double HPE's existing networking business. It would mark one of the biggest deals for the company since it spent $3 billion in 2015 to buy Aruba Networks.
HPE offered $40 per share to Juniper shareholders, the companies said on Tuesday. The acquisition comes at a time when the AI gold rush has led companies to pour billions of dollars into upgrading ...
HPE will pay $40 per Juniper share. Hewlett Packard Enterprise is buying Juniper Networks in an all-cash deal valued at about $14 billion, which is anticipated to double HPE's networking business. ...
Juniper Networks, Inc. is an American multinational ... with the acquisition of NetScreen, Juniper Networks began developing and marketing ... (HPE) for $14 billion ...
HPE's $14 billion acquisition of Juniper Networks was subjected to an investigation by the UK's antitrust watchdog, the Competition and Markets Authority. On June 19, 2024, the Competition and Markets Authority announced that it had initiated a merger inquiry to assess potential competition concerns arising from the deal, setting an August 14 ...
Their last pre-split acquisition in the enterprise networking segment was Aruba Networks in March 2015 for $3 billion. Within IT networking hardware and storage market segments, HP made acquisitions worth over $15 billion, including the 3PAR and 3COM acquisitions made in 2010, totaling over $5 billion.
People familiar with the matter on Monday already said HPE was set to secure approval for the deal announced in January. EU approves Hewlett Packard Enterprise's $14 billion Juniper deal Skip to ...
The pace of acquisition picked up in 2001 and 2002 with the purchases of Pacific Broadband and Unisphere Networks. [3] In 2004 Juniper made a $4 billion acquisition of network security company NetScreen Technologies. [4] Juniper revised NetScreen's channel program that year and used its reseller network to bring other products to market. [5]