From Dow Jones & Company, Inc.:

Hewlett Packard Enterprise Co. is set to acquire Juniper Networks, Inc. in a $14 billion all-cash deal, causing Juniper’s stock to jump 21.8% and HPE’s to fall 8.9% on Tuesday. The Wall Street Journal first reported the potential deal, with Juniper’s AI segment, Mist AI, being a key asset. The acquisition is projected to double HPE’s networking business, creating a new networking leader with a comprehensive portfolio, meeting the increasing demand for secure, unified technology solutions. This news highlights the continued evolution and consolidation within the tech industry.



Read more: Hewlett Packard Enterprises to buy Juniper Networks in $14 billion deal