Hewlett Packard (HPE) Confirms Buying Juniper Networks for $14B

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 ...