Hewlett Packard Hopes Time Is on Its Side With Juniper

Hewlett Packard Hopes Time Is on Its Side With Juniper

Hewlett Packard Enterprise doesn’t exactly qualify as “big tech” anymore. That might not matter as the corporate-tech half of the once mighty HP empire tries to curry support for its biggest move ever. 

The company now commonly known as HPE announced its $14 billion acquisition of Juniper Networks late Tuesday, confirming an earlier report from The Wall Street Journal. The deal gives Juniper shareholders $40 a share in cash, which is 32% above the stock’s last closing price before the Journal’s report and would be the highest price Juniper’s shares have fetched in more than a decade. 

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