HomeBusinessTransportation Industry & Stock NewsHPE Could Acquire JNPR To Gain Foothold In The A.I. Era

HPE Could Acquire JNPR To Gain Foothold In The A.I. Era

HP Enterprise (HPE) is acquiring Juniper Networks (JNPR) for around $13B in an effort to gain a stronger foothold in the era of A.I., according to a Wall Street Journal report. Alex Coffey discusses this as the transaction could be announced as soon as this week. A BofA analyst notes that the long-term positives of this acquisition are balanced by its near-term weakness. Tune in to find out more about the stock market today.

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09 Jan 2024

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