Juniper Networks Helps Complement HPE, Neri Says

Hewlett Packard Enterprise Co. agreed to buy Juniper Networks Inc. for $14 billion in a move that will expand its presence in networking but raised skepticism from Wall Street. HPE CEO Antonio Neri says Juniper brings "complementary capabilities we didn't have across the networking portfolio." He speaks on "Bloomberg Technology." The deal is expected to close late this year or in early 2025.
--------
Like this video? Subscribe to Bloomberg Technology on UA-cam:
/ @bloombergtechnology
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
www.bloomberg.com/technology
Connect with us on...
Twitter: / technology
Facebook: / bloombergtechnology
Instagram: / bloombergbusiness
--------
Like this video? Subscribe to Bloomberg Technology on UA-cam:
/ @bloombergtechnology
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
www.bloomberg.com/technology
Connect with us on...
Twitter: / technology
Facebook: / bloombergtechnology
Instagram: / bloombergbusiness

[@user-oj4hr5rh6i]

This is a smart move, but it will all come down to execution. I doubt HPE's ability to execute its vision, but this is a top-notch acquisition. It really boosts HPE's ability in data centre areas in HPC networking. Anyway, it comes to execution.

[@nextcurve]

Interesting statement, networking will be 60% of profit through the acquisition? Networking above compute? Interesting.

[@spaceageexp8679]

The marketing’s in networking are much better than compute. Only reason HPE makes more in compute than marketing is because it’s compute segment is so much larger

[@harbat4934]

Massive layoffs incoming at Juniper networks