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HPE CEO Antonio Neri still thinks his prized $14 billion deal for Juniper Networks will close in early 2025. ... EPS accretion from Juniper acquisition with management confident in closing the ...
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 ...
A Wall Street Journal report about a potential deal saw Juniper's stock surge 22% and HPE's stock dip 9% before an official announcement was made. HPE will pay $40 per Juniper share.
Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers , switches , network management software, network security products, and software-defined networking technology.
By 2001, Juniper had made only a few acquisitions of smaller companies, due to the leadership's preference for organic growth. [2] 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 ...
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.
Earlier this year, HPE said it would acquire the networking equipment manufacturer for $14 billion in an all-cash deal, in an attempt to enhance the company's AI offerings. HPE said net proceeds ...
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 ...