Hewlett Packard Hopes Time Is on Its Side With Juniper

Hewlett Packard Enterprise doesn’t precisely qualify as “large tech” anymore. That may not matter because the corporate-tech half of the as soon as mighty HP empire tries to curry help for its greatest transfer ever. 

The corporate now generally generally known as HPE introduced its $14 billion acquisition of Juniper Networks late Tuesday, confirming an earlier report from The Wall Avenue Journal. The deal provides Juniper shareholders $40 a share in money, which is 32% above the inventory’s final closing value earlier than the Journal’s report and could be the best value Juniper’s shares have fetched in additional than a decade.