All articles tagged with #ai networking
The DOJ approved HPE's $14 billion acquisition of Juniper Networks after a settlement that requires licensing of Juniper's Mist AI software and divestment of HPE's wireless business, paving the way for HPE to challenge Cisco in the AI networking market and offering a new alternative for customers.
Arista Networks, a networking specialist and member of the S&P 500 since 2018, has seen its stock soar 3,823% since its 2014 IPO. The company recently completed a 4-for-1 stock split, driven by its success in AI networking solutions like the Arista Etherlink AI platforms. Despite its high valuation, analysts remain bullish, with a majority recommending a buy, citing potential growth as data centers upgrade for AI demands. The stock's performance has significantly outpaced the broader market, making it a continued buy according to Wall Street.
Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal, gaining access to Juniper's Mist AI capabilities, service provider market share, a stronger data center portfolio, campus networking offerings, and a robust security portfolio. This acquisition will position HPE to compete with industry giants like Cisco Systems and expand its networking business while doubling its own networking business.
Hewlett Packard Enterprise (HPE) is acquiring Juniper Networks in a $14 billion deal to bolster its AI networking capabilities and challenge market leader Cisco Systems. The acquisition is expected to double HPE's networking business, positioning the company as a formidable competitor in the AI networking era. The combined company aims to offer secure, end-to-end AI-native solutions and drive innovation in the industry. The deal, expected to close in late 2024 or early 2025, will be funded through financing commitments and is projected to achieve operating efficiencies and cost synergies.