
Citing higher growth and higher margin opportunities for modernized networking optimized for hybrid cloud and AI, Hewlett Packard Enterprise (HPE) confirmed plans to acquire Juniper Networks for $40.00 per share in cash, representing an equity value of approximately $14 billion and a 32% premium over the unaffected closing price of Juniper’s common stock on January 8, 2024.HPE saysJuniper’s complementary portfolios supercharges its own edge-to-cloud...