Big Law

Hewlett Packard Enterprise in Advanced Talks to Buy Juniper Networks for About $13 Billion

Hewlett Packard Enterprise is in advanced talks to buy Juniper Networks for about $13 billion, in a bid to better position the nearly 100-year-old technology company in the era of artificial intelligence.

A deal between the two companies could be announced as soon as this week, according to people familiar with the matter, assuming the talks don’t fall apart.

Texas-based HPE, as Hewlett Packard Enterprise is known, is a cloud-services provider to customers ranging from small businesses to large corporations and governments. HPE is an offshoot of the iconic tech company founded in 1939 by William Hewlett and David Packard, Hewlett-Packard.

Read the source article at Yahoo Finance

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