Monday, January 8, 2024

WSJ: HPE nears deal to acquire Juniper for $13B

 The Wall Street Journal reported on Monday afternoon that Hewlett Packard Enterprise (HPE) is nearing a deal to acquire Juniper Networks in a deal valued at approximately $13 billion.  

Neither company has commented publicly on the article as of Monday evening.

As of last Friday, the market capitalization of Juniper Networks was approximately $9.6 billion, so the offer would represent a 35% premium.

https://www.wsj.com/business/deals/hewlett-packard-enterprise-near-deal-to-buy-juniper-networks-6995a464 (paywall)