Recently, Hewlett Packard Enterprise (HPE) made major business tech news when it announced its intent to acquire Juniper Networks for $14B. This move brings together two of the larger “ABC” – also known as Anything But Cisco – and shakes up a networking industry long overdue for consolidation.
The partnership between Hitachi Ltd. and Cisco Systems Inc. goes back a couple of decades. Last year, the two firms announced a strategic partnership agreement. Yesterday they deepened the deal to include a new hybrid cloud services suite focusing on enterprise data management.
The networking industry has been going through a major shift – the transition to the cloud. The term “cloud” was once foreign to network managers, but an increasingly dynamic and distributed workforce accelerated by the pandemic has forced network engineers to do things differently. The cloud removes the burden of managing the network box-by-box by decoupling control from the hardware and centralizing it.
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.