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HPE Acquires Juniper Networks for $14B After Settling Antitrust Case
This week Hewlett-Packard Enterprise settled its antitrust case with America's Justice Department, "paving the way for its acquisition of rival kit maker Juniper Networks," reported Telecoms.com: Under the agreement, HPE has agreed to divest its Instant On unit, which sells a range of enterprise-gr...
It has also agreed to license Juniper's Mist AIOps source code — a software suite that enables AI-based network automation and management. HPE can live with that, since its primary motivation for buying Juniper is to improve its prospects in an IT networking market dominated by Cisco, where others like Arista and increasingly Nokia and Nvidia are also trying to make inroads. Investors were obviously happy about this, as according to data compiled by S&P Global Market Intelligence the company's stock price ballooned by nearly 16% across the week, largely on the news....
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