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.

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How HPE acquiring Juniper does – and does not – make sense

Juniper Networks today announced several new features and products that bolster its AI-driven networking capabilities. The company has extended its Mist technology to operate across the wired network, data center and, most recently, SD-WAN.

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Juniper Networks infuses AI to pump up automation capabilities