Hewlett-Packard Enterprise (HPE) has reportedly been considering acquiring Juniper Networks for $13 billion.

Shares of Juniper Networks significantly increased as rumors circulated about a potential $13 billion acquisition by Hewlett-Packard Enterprise (HPE). The deal could be announced as early as this week and would help expand HPE's artificial intelligence offerings. Juniper Networks has been struggling with reduced revenue in recent quarters, and this acquisition could bolster HPE's efforts to compete with industry leaders, such as Cisco, in the networking equipment market.

January 09, 2024
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