HPE to acquire Juniper Networks for $14 billion
Publishing timestamp: 2024-01-09 18:40:34
Summary
Hewlett Packard Enterprise (HPE) is acquiring Juniper Networks for $14 billion in cash. The deal is expected to close late this year or in early 2025. The acquisition would double HPE's existing networking business and is expected to be accretive to its earnings per share. The companies will discuss the deal further in a conference call.
Sentiment: POSITIVE
Tickers: CSCO, JNPR, JPM, HPE,
Keywords: juniper networks inc, business news, breaking news: technology, jpmorgan drn, hewlett packard enterprise co, cisco systems inc,
Source: https://www.cnbc.com/2024/01/09/hpe-to-acquire-juniper-networks-for-14-billion.html