HPE to obtain Juniper Networks for $14 billion

Hewlett Packard Enterprise said in a assertion on Tuesday that it programs to invest in knowledge middle networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-dollars deal.

The announcement arrived a day following the Wall Avenue Journal claimed on HPE’s fascination in purchasing Juniper.

Juniper shares had their greatest working day in 20 yrs on Tuesday following the Wall Road Journal report, which stated a offer could be declared this 7 days. The shares jumped 22% to shut at $37.05.

HPE claimed the deal would be accretive to its adjusted earnings for every share in the first calendar year following it closes.

This is breaking news. Be sure to check back again for updates.

Resource

Palo Alto Networks to acquire CyberArk in billion deal

Technology

Palo Alto Networks to acquire CyberArk in $25 billion deal

July 30, 2025

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close […]

Technology

Apple is facing pressure from Wall Street to figure out its AI strategy

July 30, 2025

Apple CEO Tim Cook and Senior Vice President of Software Engineering Craig Federighi speak during Apple’s annual World Wide Developers Conference at the company’s headquarters in Cupertino, California, U.S., June 9, 2025. Laure Andrillon | Reuters While its megacap tech peers are bragging about building island-sized data centers filled with Nvidia chips to power artificial […]

South Korea’s LG Energy Solution signs .3 billion battery supply deal with undisclosed party

Technology

South Korea’s LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party

July 30, 2025

The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on January 31, 2023. Pau Barrena | Afp | Getty Images South Korea-based LG Energy Solution announced Wednesday that it had signed a $4.3 billion contract for supplying batteries to a major corporation, without naming the […]