Hewlett Packard Hopes Time Is on Its Side With Juniper

Hewlett Packard Enterprise doesn’t precisely qualify as “big tech” anymore. That won’t matter because the corporate-tech half of the as soon as mighty HP empire tries to curry assist for its largest transfer ever. 

The firm now generally generally known as HPE introduced its $14 billion acquisition of Juniper Networks late Tuesday, confirming an earlier report from The Wall Street Journal. The deal offers Juniper shareholders $40 a share in money, which is 32% above the inventory’s final closing value earlier than the Journal’s report and could be the best value Juniper’s shares have fetched in additional than a decade.