Why Hewlett Packard Enterprise Is Spending $14 Billion To Buy Juniper Networks

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 ...