Search results
Results from the WOW.Com Content Network
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 ...
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 ...
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.
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 ...
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.
In June 1999, Juniper became a dot.com darling when its stock soared 190% from its $34 offer price on its debut. (The Juniper IPO occurred one month after Goldman went public .) 'A crazy time'
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]