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Tech star Mike Lynch acquitted of fraud in £8.6bn deal with Hewlett Packard
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 […]
HEWLETT PACKARD 14-CF2112WM (APP000106)
Hewlett Packard Enterprise CEO expects no China challenge on $14 billion Juniper Networks deal
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 buying Juniper Networks in deal valued at about $14 billion
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 […]
Hewlett Packard Enterprise to buy Juniper Networks in $14 billion deal
(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 […]
Hewlett Packard Enterprise nears $13 billion deal to buy Juniper Networks- WSJ
(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 Near Deal To Buy Juniper Networks: WSJ
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, […]
Packard Motors launches revival of this classic car
CLEVELAND (WJW) — Packard Motors, an American luxury car and timepiece manufacturer, is launching the revival of a classic car already generating buzz around the world. “This is a sleeping giant waiting to be awakened,” said Scott Andrews, founder and CEO of Packard Motors. WATCH: Low-speed chase circles same neighborhood for half-hour This time reviving […]