Hewlett Packard Enterprise (HPE) secures DOJ approval for $14 billion Juniper Networks acquisition.

From Financial Modeling Prep: 2025-06-30 19:00:00

Hewlett Packard Enterprise (HPE) is a leading global technology company offering IT solutions. Bank of America Securities maintained a “Buy” rating for HPE, priced at $20.59, showcasing confidence in its performance. The DOJ approved HPE’s $14 billion acquisition of Juniper Networks, enhancing its server market capabilities against competitors like Cisco.

As part of the settlement, HPE will divest its WLAN business and provide limited access to Juniper’s Mist AI Ops technology to competitors. HPE’s stock rose by 12.5% to around $21 after the approval, with a market capitalization of $26.97 billion. The trading volume hit 39.57 million shares, reflecting investor interest in the company’s strategic moves.

HPE’s stock has increased by 11.65% with a $2.15 change, signaling positive market sentiment. The stock’s range over the past year was $11.97 to $24.66. This strategic acquisition positions HPE to compete effectively in the server and networking sectors, solidifying its position in the tech industry.



Read more at Financial Modeling Prep:: Hewlett Packard Enterprise Co (NYSE:HPE) Strategic…