A little over a year after closing the Juniper Networks acquisition, Hewlett Packard Enterprise Co. today used its Networking Investor Day to argue that networking is no longer a supporting act at HPE. It’s the growth engine. The numbers shown to investors support that. HPE says its combined networking business will grow from $9.3 billion in fiscal 2024 to about $11.3 billion in fiscal 2026, with operating profit rising from $1.6 billion to $2.5 billion over the same period.
Tag: NYSE:HPE
Given Hewlett Packard Enterprise Co.‘s Juniper acquisition has now had a bit of time to percolate, I was expecting to see at HPE’s European version of its user event Discover this week in Barcelona how it’s using the combined assets to reshape itself for the artificial intelligence era. The event is the first real glimpse into how the Juniper Networks acquisition is taking shape, just five months after the deal closed.