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

It was an interesting year for the world’s largest networking vendor. Cisco Systems Inc. put up record revenue and earnings despite a highly volatile macro environment affected by wars, social issues, inflation, rising interest rates and the like. The company also made the biggest acquisition in its history in September when it announced the purchase of Splunk.

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Looking ahead to Cisco Systems’ prospects in 2024

Networking giant Cisco Systems Inc. reported good news/bad news numbers in its fiscal first-quarter 2024 results this week, handily beating expectations but lowering its outlook. Revenue and earnings for the quarter were $14.67 billion and $1.11 per share, respectively, compared wth Street expectations of $14.61 billion and $1.03 per share. However, Cisco’s outlook was lower than expected.

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Behind the numbers: five questions from Cisco’s recent quarter

Cisco Systems Inc. typically announces some new products at its annual reseller event, Partner Summit this week in Miami. But equally important are initiatives to enable its global ecosystem of partners to be more successful by directing them into emerging areas, since about 90% of its business flows through the channel.

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AI and security highlight day one at Cisco Partner Summit

The 2023 Ryder Cup is being held through Oct. 1 at the Marco Simone Golf and Country Club in Rome, and the event is expected to take in 250,000 spectators — most of whom will be looking to text, tweet, Instagram and Facebook.

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HPE infrastructure powers the most intelligently connected and sustainable Ryder Cup yet