Hewlett Packard in talks to buy Juniper Networks

Hewlett Packard Enterprise Co (NYSE:HPE) is reportedly in discussions to acquire Juniper Networks, Inc. (NYSE:JNPR), the network hardware company, in a deal estimated at around US$13 billion, according to Reuters reports. The potential deal could be announced as early as this week, the source revealed. Following this news, Hewlett-Packard's shares dropped by almost 8%, while Juniper witnessed a surge of over 20% in extended trading. The acquisition is anticipated to enhance the almost 100-year-old company's ...