Hewlett Packard Enterprise to acquire Juniper Networks for $14 billion

Hewlett Packard Enterprise (HPE) and Juniper Networks, Inc., have ent­e­red into a definitive agreement, with HPE set to acquire Juniper in an all-cash transaction for $40 per share, representing an equity value of appr­oximately $14 billion. The merger of HPE and Juniper will shift HPE’s portfolio towards higher-growth solutions and strengthen its high-margin networking business and accelerate its sustainable profitable growth strategy.