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Hewlett Packard Enterprise Announces Neil MacDonald as leader of HPC & AI Business Segment
Businesswire· 2024-01-23 21:05
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced an expanded leadership role effective February 1, 2024 for Neil MacDonald, who has been appointed to lead the company’s HPC & AI business segment in addition to leading its Compute business. MacDonald will continue to report to president and chief executive officer, Antonio Neri and each business segment will continue to report its financial results independently. In his new role as the executive vice president and general mana ...
HP Enterprise Downgraded on Juniper Deal
Barrons· 2024-01-16 16:43
HP Enterprise Slides on Juniper Deal. Why an Analyst Just Downgraded the Stock. ...
The HPE- Juniper Deal Creates an AI Networking Giant
Barrons· 2024-01-10 15:39
Hewlett Packard Enterprise’s swoop for Juniper Networks is set to create the second-biggest networking company in the U.S. market. That’s both an opportunity and a challenge for Cisco Systems and Arista Networks. ...
Why Hewlett Packard Enterprise Is Spending $14 Billion To Buy Juniper Networks
Investopedia· 2024-01-10 14:55
KEY TAKEAWAYSHewlett Packard Enterprise said it will buy Juniper Networks in a $14 billion deal.The move is expected to boost Hewlett Packard Enterprise's artificial intelligence portfolio.The agreement is expected to raise non-GAAP earnings per share and free cash flow within the first year, with projected annual cost savings of up to $450 million within three years.Hewlett Packard Enterprise (HPE) said it will buy Juniper Networks (JNPR) in a $14 billion deal to boost the company's artificial intelligence ...
Hewlett Packard Enterprise buying Juniper Networks in deal valued at about $14 billion
TechXplore· 2024-01-10 14:24
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: An exterior view of Juniper Networks headquarters is shown in Sunnyvale, Calif., in this Jan. 30, 2007 file photo. 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. HPE will pay $40 per Juniper share. The transaction is ...
Hewlett Packard (HPE) Confirms Buying Juniper Networks for $14B
Zacks Investment Research· 2024-01-10 13:16
Hewlett Packard Enterprise Company (HPE) confirmed that it entered a definitive agreement to acquire Juniper Networks, Inc. (JNPR) , a frontrunner in artificial intelligence (AI)-driven networking, for an all-cash transaction of $40.00 per share, totaling an equity value of approximately $14 billion. With this announcement, HPE put an end to all speculations hovering about a potential acquisition deal between the two companies.The transaction, subject to regulatory approvals and customary closing conditions ...
2024年第一笔大型科技并购!慧与(HPE.US)拟140亿美元收购瞻博网络(JNPR.US)
智通财经· 2024-01-10 03:07
智通财经APP获悉,慧与(HPE.US)同意以 140 亿美元的价格收购瞻博网络(JNPR.US),此举将扩大其在网络业务的影响力。但同时,这一举动也引起了华尔街的怀疑。 两家公司周二在一份声明中表示,慧与(HPE)将以每股40美元的现金收购瞻博网络(Juniper Networks)。这一价格相当于慧与210亿美元市值的一半以上,比瞻博网络交易谈判开始前30.22美元的周一收盘价高出了32%。 慧与首席执行官安东尼奥内里(Antonio Neri)在协议宣布后接受采访说,网络业务将成为慧与的新核心。该公司表示,一旦交易完成,该业务线的规模将扩大一倍。 慧与表示,将通过定期贷款为此次收购提供资金,随着时间的推移,这些贷款将由“新债务、强制可转换优先股和现金”的组合取代。此次收购已获得双方董事会批准,两家公司预计,收购将于今年年底或2025年初完成。 据悉,自惠普于2015 年拆分为两家公司(惠普与慧与)以来,慧与一直专注于努力拓展利润丰厚的业务线,如高性能计算和云服务。但在过去几年里,该公司一直在努力实现超过约2%的增长。11月,慧与在服务器销售额急剧下降后,给出了低于分析师评估的收入预期。 瞻博网络与其较大 ...
Juniper to Be Bought by HPE; Fake News on Bitcoin ETFs
Zacks Investment Research· 2024-01-09 23:47
Pivoting from yesterday’s surprise robust trading day, seemingly bringing a reprise to the strong final two months of trading in calendar 2023. Other than a fluffing-up of the A.I. narrative, however — including NVIDIA’s (NVDA) new desktop graphics chips with A.I. usage being introduced — we didn’t see a whole lot sustaining those highs going forward, especially without any major economic catalysts. As such, the Dow slipped -157 points (it had been twice as low earlier in the session) or -0.42%, the S&P 500 ...
HPE to Acquire Juniper Networks to Accelerate AI-Driven Innovation
Businesswire· 2024-01-09 22:45
HOUSTON & SUNNYVALE, Calif.--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) and Juniper Networks, Inc. (NYSE: JNPR), a leader in AI-native networks, today announced that the companies have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The combination of HPE and Juniper advances HPE’s portfolio mix shift toward higher-growth solutions and strengthens its high-margin netw ...
Hewlett Packard Just Gave Juniper Networks (JNPR) Stock a $13 Billion Boost
InvestorPlace· 2024-01-09 14:49
Juniper Networks (NASDAQ:JNPR) stock jumped 22% overnight after a report that Hewlett Packard Enterprise (NYSE:HPE) may be about to buy it for $13 billion. Juniper, which competes with Cisco Systems (NASDAQ:CSCO) in computer networking, has gone almost nowhere over the last five years. Shares that cost $28 in early 2019 were priced at $30 before The Wall Street Journal report came out.Juniper opened this morning at $36.40 per share, a market capitalization of about $11.2 billion.Which HP Now?Hewlett Packard ...