HPE in Advanced Talks to Acquire Juniper Networks for $13 Billion

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Source: Reuters
HPE in Advanced Talks to Acquire Juniper Networks for $13 Billion
Photo: Reuters
TL;DR Summary

Hewlett Packard Enterprise is reportedly in talks to acquire Juniper Networks in a deal worth around $13 billion, with an announcement expected as early as this week. The potential acquisition aims to strengthen HPE's artificial intelligence offerings and expand its networking technologies. Shares of HPE fell while Juniper's stock surged following the news. Last year, HPE introduced a cloud computing service for AI systems, and Juniper is known for its high-performance network and service offerings, including AI-enabled enterprise networking operations and software-defined networking technologies.

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