HPE CEO Anticipates $14 Billion Juniper Acquisition to Close in Early 2025

Reported 20 days ago

Hewlett Packard Enterprise (HPE) CEO Antonio Neri remains optimistic that the company's $14 billion acquisition of Juniper Networks will finalize by early 2025, emphasizing the deal's benefits for customers and national security. Despite potential antitrust scrutiny from the U.S. Justice Department, Neri is confident in gaining approval, and HPE has shown strong fiscal performance with increased server demand. Citi analyst Asiya Merchant recently upgraded HPE's stock rating to Buy, reflecting growing confidence in the company's financial outlook.

Source: YAHOO

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