Now that Hewlett Packard Enterprise Co. and Juniper Networks Inc. this weekend settled with the U.S. Department of Justice, the $14 billion deal that will bring Juniper’s networking and security assets into the HPE portfolio will enable HPE to continue its transformation to a networking-first company. Many industry watchers, me included, had started to wonder if any agreement could be reached prior to the upcoming July 9 court date.
It’s NRF week in New York, which allows technology vendors to showcase innovation for the retail industry, and at the National Retail Federation show, HPE Aruba Networking rolled out several new products to help retailers tackle industry-specific challenges. They included providing backup connectivity for mission-critical apps, supporting pop-up stores and simplifying information technology infrastructure deployment in retail environments.
Hewlett Packard Enterprise Co. announced today the launch of HPE Aruba Networking Enterprise Private 5G, an offering designed to assist customers in expediting and streamlining the deployment and management of private 5G networks. The company said the offering will deliver reliable wireless coverage across enterprises, resulting in previously unimagined applications. I had the opportunity to receive a pre-briefing with several HPE executives, including Stuart Strickland, HPE Fellow and wireless chief technology officer, and producdt marketing lead Gayle Levin.
The Ronald Reagan Presidential Foundation and Institute has a history of hosting Republican presidential debates at the Reagan Library. However, for the most recent Republican presidential debate on Sept. 27, 2023, the foundation faced the unique challenge of doubling its wireless network capacity.
After the closing bell sounded on Monday, the Wall Street Journal ran a story stating that Hewlett Packard Enterprise Co. was nearing a deal to acquire Juniper Networks Inc. for $13 billion. When the story ran, Juniper’s market cap was roughly $10 billion, meaning the purchase price of $13 billion represents a 30% premium on where the stock was trading.