- Insider Monkey
Is Juniper Networks, Inc. (JNPR) a Hold or a Buy Right Now?
We recently compiled a list of the 10 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts. In this article, we are going to take a look at where Juniper Networks, Inc. (NYSE:JNPR) stands against the other analyst-approved stocks. European equities faced challenges in extending recent gains seen in the US, as market participants […]
- Barrons.com
Hewlett Packard Enterprise’s $14 Billion Juniper Acquisition Under Review by U.K. Regulators
The deal, announced in January, would see HPE acquire Juniper for $40 per share in cash, or some $14 billion. Juniper is a provider of networking hardware, where it competes with the likes of Cisco Systems and Arista Networks HPE also has a networking business, called Aruba, but is currently more focused on enterprise cloud-computing hardware and services. The deal is a bet on the growing importance of networking in the artificial-intelligence age, HPE’s CEO Antonio Neri told Barron’s after the deal announcement.
- Reuters
UK probes Hewlett Packard Enterprise's $14 billion deal for Juniper Networks
The Competition and Markets Authority has until Aug. 14 to decide whether it would refer the deal for a deeper probe. Hewlett Packard Enterprise, or HPE, said in January it would buy networking gear maker Juniper to enhance its artificial intelligence (AI) offerings. HPE expects to double its networking business through the deal, which came as the AI gold rush has led companies to pour billions of dollars into upgrading and developing their technology.
