Hewlett Packard Enterprise wants to accumulate network expert Juniper for $14 billion

Hewlett Packard Enterprise wants to accumulate network expert Juniper for $14 billion

Last updated 5 month ago

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acquisition
hewlett-packard

Hewlett Packard Enterprise wants to accumulate network expert Juniper for $14 billion



In the few years after it changed into founded following the break up of the original Hewlett-Packard entity in 2015, HPE has acquired many competitors in distinctive market segments. Now the agency is apparently inquisitive about swallowing up network device maker Juniper, and the developing marketplace for AI is a part of the plan.

Soon after rumors approximately a capability takeover started out to appear on line, Hewlett Packard Enterprise (HPE) has now officially introduced that it plans to gather Juniper Networks. The deal is presently valued at $forty according to share, which would translate to a complete price of $14 billion for HPE.

Juniper Networks sells routers, switches, and many community-associated offerings and technologies, even as HPE is a jack of all (tech) trades that also occurs to offer a few networking merchandise. With the Juniper acquisition, the Texas-based totally organisation expects to essentially double the size of its own networking enterprise. If everything is going according to plan, HPE could base half of of its yearly operating earnings on network products on my own.

HPE is already well versed in the networking business, in part thanks to past acquisitions of competing organizations including Aruba (2015) and 3Com (2009). A a hit Juniper deal might be the largest merger within the whole Hewlett Packard's history for the reason that economic catastrophe of HP Autonomy.

According to CEO Antonio Neri, HPE is inquisitive about exploiting the growing interest of the tech global for AI and AI-based products. In a buzzword-stuffed announcement, Neri stated that the acquisition would give a boost to HPE's position "on the nexus of increasing macro-AI trends," amplify the organisation's general addressable marketplace, and power innovation for clients crossing the bridge between "AI-local" and "cloud-native" worlds.

The acquisition would of route generate "substantial" fee for shareholders as properly, Neri remarked in his assertion. Juniper is likewise highlighting its latest AI-primarily based services which includes the Mist line of wireless LAN and switching products. The business enterprise now employs device-gaining knowledge of algorithms, chatbots and AIOps (Artificial Intelligence for IT Operations) functions to ease sysadmins' burden in figuring out community problems.

The Juniper acquisition could increase HPE's networking portfolio, however it can additionally bring about the overlapping of two previously competing agencies. The $14 billion merger would also need approval from antitrust organizations around the sector, as the operation will be taken into consideration too disruptive for current Juniper and Aruba clients.

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