Hewlett Packard Enterprise Nears Acquisition of Juniper Networks

1 min read
Source: Investor's Business Daily
Hewlett Packard Enterprise Nears Acquisition of Juniper Networks
Photo: Investor's Business Daily
TL;DR Summary

Hewlett Packard Enterprise (HPE) is reportedly in advanced discussions to acquire Juniper Networks for around $13 billion, potentially finalizing the deal this week. The acquisition would bolster HPE's position in the networking industry and expand its presence in the artificial intelligence sector through Juniper's Mist AI business. Following the news, HPE's stock surged while Juniper's stock spiked 22% in after-hours trading.

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