Hewlett Packard Enterprise Closes Acquisition of Juniper Networks to Supply Business-Main Complete, Cloud-Native, AI-Pushed Portfolio

HPE introduced the profitable completion of its beforehand introduced acquisition of Juniper Networks, Inc., a frontrunner in AI-native networks. The mix positions HPE to seize the rising AI and hybrid cloud market alternative by creating an industry-leading cloud-native and AI-driven IT portfolio, together with a full, fashionable networking stack.

The transaction doubles the scale of HPE’s networking enterprise and supplies prospects with a complete portfolio of networking options. It additionally accelerates the corporate’s portfolio combine shift to higher-margin, higher-growth areas and positions the corporate for long-term worthwhile income development.

Additionally Learn: The Position of AI in Automated Dental Therapy Planning: From Analysis to Prosthetics

“Immediately begins a brand new period for HPE – we are actually on the epicenter of the transformation of IT, the place AI and networking are converging,” stated Antonio Neri, president and CEO of HPE. “Along with positioning HPE to supply our prospects a contemporary community structure different and an much more differentiated and full portfolio throughout hybrid cloud, AI, and networking, this mix accelerates our worthwhile development technique as we deepen our buyer relevance and develop our complete addressable market into engaging adjoining areas. We stay up for welcoming the Juniper staff to HPE.”

“HPE and Juniper have a novel alternative to disrupt the networking {industry} at crucial and related time,” stated Rami Rahim, former CEO of Juniper Networks, who will now lead the mixed HPE Networking enterprise. “Collectively, we’ll be capable to present prospects and companions with a safe community that’s purpose-built with AI and for AI.”’

Additionally Learn: SEALSQ and WISeKey Launch the Quantum Hall: A New Period of Cross-Border DeepTech Innovation

Compelling Strategic & Monetary Advantages

• Transformative for HPE’s strategic evolution. The acquisition accelerates HPE’s strategic imaginative and prescient with a full networking IP stack: from silicon, to {hardware}, to the working system, to safety, to software program and providers, with a cloud-native and AI-driven strategy. This integration will speed up prospects’ deployment and adoption of each hybrid cloud and AI.

• Bolsters HPE’s place as a networking chief. The acquisition doubles the scale of HPE’s networking enterprise, considerably growing its scope and complete addressable market. The mixed firm will attain giant adjoining markets, together with knowledge middle, firewalls, and routers, bridging the worldwide power of HPE in enterprise security-first networking and SASE safety with Juniper’s place in knowledge middle, service supplier, and AI-native options.

• Gives prospects with a number one AI-native basis for his or her end-to-end networking wants. The transaction builds on the mixed capabilities of HPE and Juniper to supply prospects of all sizes with the trendy networking structure to handle and simplify more and more advanced connectivity wants – significantly these pushed by data-intensive, hybrid AI workloads. Better analysis and growth scale will allow sooner innovation throughout networking silicon, methods, and software program.

• Offers prospects entry to HPE’s full portfolio providing throughout networking, hybrid cloud, and AI. Networking prospects will profit from HPE innovation throughout its full portfolio providing – together with hybrid cloud, storage, compute, and software program – to speed up and simplify their AI transformations.

• Capitalizes on HPE’s go-to-market scale. The transaction creates income development alternatives, as Juniper choices profit from HPE’s giant, international go-to-market mannequin and staff. The mixed firm will supply safe, AI-native options with the power to gather, analyze, and act on insightful community knowledge throughout a broader put in base.

• Enticing monetary profile anticipated to ship robust worth for HPE shareholders. The acquisition of Juniper’s high-margin enterprise is predicted to be accretive within the near- and long-term for the mixed firm. The transaction will probably be accretive to non-GAAP EPS in yr 1, publish shut, with the mixed networking enterprise contributing greater than 50% of complete firm working revenue.

The acquisition was initially introduced on January 9, 2024, and was authorised by Juniper shareholders on April 2, 2024. With the completion of the transaction, shares of Juniper’s frequent inventory, which traded on the NYSE beneath the image “JNPR,” will stop buying and selling as of right this moment and can not be listed on the NYSE.