HPE Closes $14bn Acquisition of Juniper Networks

Hewlett Packard Enterprise (HPE) has completed its long-awaited $14 billion acquisition of Juniper Networks. The Department of Justice (DOJ) approved the deal following HPE's agreement to a number of potentially significant conditions.

“Today begins a new era for HPE – we are now at the epicenter of the transformation of IT, where AI and networking are converging,” said Antonio Neri, president and CEO of HPE.

“In addition to positioning HPE to offer our customers a modern network architecture alternative and an even more differentiated and complete portfolio across hybrid cloud, AI, and networking, this combination accelerates our profitable growth strategy as we deepen our customer relevance and expand our total addressable market into attractive adjacent areas. We look forward to welcoming the Juniper team to HPE.”