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Hewlett Packard Enterprise (HPE) is set to acquire hardware manufacturer Juniper Networks (JNPR) in a deal that is valued at up to $14 billion. HPE CEO Antonio Neri joins Yahoo Finance's Seana Smith to discuss the networking company's growth, especially in its cloud segment.
Tech deals are taking longer to close, which may give HPE time to get investors on board with the acquisition.
Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm's $14 billion bid to acquire Juniper Networks.
Hewlett Packard Enterprise Co. agreed to buy Juniper Networks Inc. for $14 billion in a move that will expand its presence in networking but raised skepticism from Wall Street. HPE CEO Antonio Neri says Juniper brings "complementary capabilities we didn't have across the networking portfolio.
Hewlett Packard Enterprise CEO Antonio Neri joins 'Squawk on the Street' to discuss the company's deal to acquire Juniper Networks for around $14 billion, or $40 per share, in an all-cash deal.
The acquisition would form the second-biggest networking company in the U.S. market.
On Jan 9, 2024, Hewlett Packard Enterprise (HPE) has announced its intention to acquire networking gear vendor Juniper Networks in an all-cash deal valued at approximately $14 billion.
Hewlett Packard Enterprise (HPE) said it will buy Juniper Networks (JNPR) in a $14 billion deal to boost the company's artificial intelligence (AI) offerings.
Hewlett Packard Enterprise is buying Juniper Networks in an all-cash deal valued at about $14 billion, which is anticipated to double HPE's networking business.
The deal to acquire Juniper Networks underlines Hewlett Packard's (HPE) relentless focus on fortifying its networking business, aligning with the burgeoning demand for high-growth solutions in the evolving tech landscape.