Hewlett Packard Enterprise to Acquire Juniper Networks in $14 Billion Deal

In a strategic move to enhance its cloud services and artificial intelligence capabilities, Hewlett Packard Enterprise (NYSE:) has finalized an agreement to acquire Juniper Networks (NYSE:) for $40 per share, representing a total equity value of approximately $14 billion. This acquisition is poised to integrate Juniper’s advanced Mist AI technology with HPE Aruba Networking assets, strengthening HPE’s portfolio.

The merger, expected to conclude between late 2024 and early 2025, is subject to customary closing conditions and regulatory approvals. It positions HPE as a significant player in secure unified cloud services and AI-native networking solutions. This strategic response to evolving IT trends emphasizes the delivery of comprehensive technology solutions from edge devices to cloud infrastructure.

Rami Rahim, the current CEO of Juniper Networks, is set to lead the expanded networking sector within HPE post-transaction. The financing strategy includes securing $14 billion in term loans, with plans for future refinancing to manage the investment effectively.

This development signifies a notable milestone for both organizations, promising to bring exceptional value to customers with advanced technology solutions that cater to the rising demand for artificial intelligence and hybrid cloud environments.