TL;DR CNBC

Juniper Networks jumps after WSJ reports on potential sale to HPE

Publishing timestamp: 2024-01-08 19:25:56

Summary

Hewlett Packard Enterprise (HPE) is reportedly in advanced talks to acquire Juniper Networks for around $13 billion. The potential deal has caused Juniper's shares to soar, and if completed, it could bolster HPE's efforts to challenge Cisco in the networking equipment market.

Sentiment: POSITIVE

Tickers: HPE,  CSCO,  JNPR, 

Keywords: cisco systems inc,  juniper networks inc,  business,  hewlett packard enterprise co,  breaking news: technology,  enterprise,  technology,  business news, 

Source: https://www.cnbc.com/2024/01/08/juniper-networks-jumps-after-report-saying-hpe-is-looking-to-buy-it.html