• HPE and Juniper confirm merger deal

    From TechnologyDaily@1337:1/100 to All on Thursday, July 03, 2025 11:45:09
    HPE and Juniper confirm merger deal

    Date:
    Thu, 03 Jul 2025 10:35:00 +0000

    Description:
    A year after the EU and UK first granted approval, the HPE-Juniper deal is
    now closed.

    FULL STORY ======================================================================HPE's $14 billion acquisition of Juniper Networks has now completed EU and UK approval came quickly, US approval not so much The networking business could account for 50% of revenue

    More than 18 months after HPE initially disclosed plans to acquire Juniper Networks , and several regulatory hurdles later, the merger has now been completed.

    With Juniper's shares ceasing trading on the NYSE and HPE's networking business set to double, HPE hopes the $14 billion acquisition will allow it
    to focus on higher-margin, higher-growth areas, creating "long-term
    profitable revenue growth."

    The news comes shortly after the US Department of Justice approved the
    merger, subject to two key conditions which require HPE to divest its Instant On business and auction a license for Junipers AI Ops for Mist source code. HPE-Juniper merger is now complete

    "In addition to positioning HPE to offer our customers a modern network architecture alternative and an even more differentiated and complete portfolio across hybrid cloud, AI, and networking, this combination accelerates our profitable growth strategy as we deepen our customer
    relevance and expand our total addressable market into attractive adjacent areas," HPE CEO Antonio Neri commented.

    Juniper Networks CEO Rami Rahim described the merger as an, "opportunity to disrupt the networking industry at the most important and relevant time."

    HPE noted that the merger aligns with its vision for customers to access silicon, hardware, operating system, security, software and services all in one place.

    Looking ahead, HPE envisions the combined networking business to contribute
    to more than half of the company's entire operating income, which stood at $7.6 billion, up 6%, in its most recent quarter.

    Despite some conditions imposed by the DOJ, HPE was quick to gain approval from the European Commission, which found "no competition concerns in the European Economic Area" nearly a year ago. Just a couple of weeks later, the UK's Competition and Markets Authority also granted approval to the deal. You might also like These are the best cloud hosting providers around today Check out our roundup of the best small business servers HPE set to cut thousands
    of employees despite results rise



    ======================================================================
    Link to news story: https://www.techradar.com/pro/hpe-and-juniper-confirm-merger-deal


    --- Mystic BBS v1.12 A47 (Linux/64)
    * Origin: tqwNet Technology News (1337:1/100)