HPE CEO on $14 billion Juniper deal: It should close in early 2025 [Yahoo! Finance]
Juniper Networks, Inc. (JNPR)
Last juniper networks, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
"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 ( TPR ) and Capri Holdings ( CPRI Neri still thinks the acquisition will come to fruition in early 2025 and is likely to receive approval from the Biden
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News
- Deutsche Bank upgrades HPE on networking growth from Juniper, valuation [Yahoo! Finance]Yahoo! Finance
- Port Huron Area School District Selects Juniper Networks to Modernize Network Infrastructure with AI-Native Networking Solutions [Yahoo! Finance]Yahoo! Finance
- Port Huron Area School District Selects Juniper Networks to Modernize Network Infrastructure with AI-Native Networking SolutionsBusiness Wire
- Nippon Gases Deploys Juniper Networks' AI-Native Networking Platform to Foster Growth and Accelerate Innovation [Yahoo! Finance]Yahoo! Finance
- Nippon Gases Deploys Juniper Networks’ AI-Native Networking Platform to Foster Growth and Accelerate InnovationBusiness Wire
JNPR
Earnings
- 10/31/24 - Beat
JNPR
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 8-K
- 11/19/24 - Form 4
- JNPR's page on the SEC website