"Juniper Networks Soars as Hewlett Packard Enterprise Nears Acquisition: WSJ"

Juniper Networks' shares surged over 20% in after-hours trading following reports that Hewlett Packard Enterprise (HPE) is in advanced talks to acquire the company for around $13 billion, potentially announcing the deal this week. The acquisition could bolster HPE's position in challenging Cisco in the networking switches market, with HPE reporting 2% revenue growth in the latest quarter and holding $4 billion in cash and equivalents. If successful, this would mark a significant move for HPE, which has largely avoided major acquisitions since its formation in 2015.