Reported 2 days ago
Hewlett-Packard Enterprise (HPE) saw its stock surge nearly 16% this week after successfully closing a $14 billion acquisition of Juniper Networks. The deal was finalized following a settlement with the U.S. Department of Justice that required HPE to divest a wireless networking unit and license Juniper's AI networking platform. This acquisition not only expands HPE's networking business but also positions it as a significant player in AI-enhanced networking solutions.
Source: YAHOO