HPE CEO on $14 billion Juniper deal: It should close in early 2025 [Yahoo! Finance Canada]
Hewlett Packard Enterprise Company (HPE)
Last hewlett packard enterprise company earnings: 3/3 04:05 pm
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Source: Yahoo! Finance Canada
Hewlett Packard Enterprise ( HPE ) CEO Antonio Neri is holding out hope his prized acquisition of Juniperg Networks ( JNPR ) will close in early 2025. "I have no pause about the deal [getting done]," Neri told me on Yahoo Finance (video above). "It's a good deal for customers." Neri added it would help strengthen national security. The tech giant announced the $14 billion purchase of Juniper Networks in January. If completed, the acquisition would double HPE's existing networking business. It would mark one of the biggest deals for the company since it spent $3 billion in 2015 to buy Aruba Networks. Fresh concerns about the deal have crept into the picture. The FT reported several weeks ago that HPE officials met with Justice Department antitrust enforcers to argue against a challenge to the deal. The Justice Department under Biden has been scrutinizing big deals that could decrease competition. Recently, the FTC was successful in blocking a handbag merger between Tapestry (
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HPE
Earnings
- 12/5/24 - Beat
HPE
Sec Filings
- 12/19/24 - Form IRANNOTICE
- 12/19/24 - Form 10-K
- 12/17/24 - Form 4
- HPE's page on the SEC website