HPE nears US$13 billion deal to buy Juniper Networks

Hewlett Packard Enterprise (HPE) is in talks to buy Juniper Networks in a deal valuing the network gear maker at about $13 billion ($19.5 billion), a person familiar with the matter told Reuters.

A deal between the two companies could be announced as early as this week, the source said.

The deal would help bolster the nearly 100-year-old technology company’s artificial intelligence (AI) offerings, according to a WSJ report earlier in the day.

Hewlett Packard declined to comment on the WSJ report, while Juniper Networks did not immediately respond to a Reuters request for comment.

Last year, server maker HPE said it was rolling out a cloud computing service designed to power AI systems similar to ChatGPT.

Juniper’s high-performance network and service offerings include routing, switching, Wireless Fidelity (Wi-Fi), network security, AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies.

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AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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