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Hewlett Packard Enterprise in talks to buy Juniper Networks in $13bn deal: Report | Mint

Jan 09, 2024 - livemint.com
Hewlett Packard Enterprise (HPE) is reportedly planning to acquire Juniper Networks for approximately USD 13 billion, according to a Reuters report. The deal, which could be announced as early as this week, is expected to strengthen HPE's artificial intelligence (AI) offerings. The acquisition comes as HPE continues to expand its presence in India, where it plans to invest in manufacturing high-volume servers worth $1 billion in the first five years at a site in Manesar, Haryana.

The move follows HPE's $500 million investment plan for India over five years, which focused on growing its presence in R&D and services. The company has significantly expanded its team in India over the past few years and is considering further investments in networking and computing. The manufacturing operation in Manesar will support the growing demand from customers in India and strengthen HPE’s global supply chain.

Key takeaways:

  • Hewlett Packard Enterprise is planning to acquire Juniper Networks for about USD 13 billion, according to a Reuters report.
  • The acquisition would strengthen Hewlett Packard's artificial intelligence offerings.
  • Juniper Networks' offerings include routing, switching, Wi-Fi, network security, AI-enabled enterprise networking operations, and software-defined networking technologies.
  • Hewlett Packard has made significant investments in India, with plans to produce high-volume servers worth $1 billion in the first five years at a manufacturing site in Manesar, Haryana.
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