Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an 11-billion-dollar (£8.64 billion) deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard (HP). The not-guilty verdicts reached on Thursday by a federal court jury in San […]
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By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion bid to acquire Juniper Networks. HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used […]
Hewlett Packard Enterprise is buying Juniper Networks in an all-cash deal valued at about $14 billion, which is anticipated to double HPE’s networking business. Shares of both companies rose before the market open on Wednesday. A Wall Street Journal report about a potential deal saw Juniper’s stock surge 22% and HPE’s stock dip 9% before […]
(Reuters) -Hewlett Packard Enterprise will buy networking gear maker Juniper Networks for $14 billion, in an attempt to spruce up the company’s artificial intelligence offerings. HPE offered $40 per share to Juniper shareholders, the companies said on Tuesday. That represents a 32.4% premium to the stock’s close on Monday, when the news of the deal […]
If Hewlett Packard Enterprise was floating a trial balloon, consider it popped. The IT equipment side of the former HP empire might be merging with another storied Silicon Valley name. The Wall Street Journal reported Monday afternoon that Hewlett Packard Enterprise is in advanced talks to acquire Juniper Networks for $13 billion. It would be […]
(Reuters) – Hewlett Packard Enterprise is in advanced talks to buy network gear maker Juniper Networks for about $13 billion to bolster the nearly 100-year-old technology company’s artificial intelligence (AI) offerings, the Wall Street Journal reported on Monday. A deal between the two companies could be announced as soon as this week, according to the […]
Hewlett Packard Enterprise (HPE) is in late-stage talks to buy Juniper Networks (JNPR), with a deal possible as soon as this week, The Wall Street Journal reported Monday night. HPE stock jumped while Juniper soared. X Cloud-services provider HP Enterprise could pay $13 billion for the networking firm, which also operates an artificial intelligence business, […]