Hewlett Packard Enterprise (HPE) has made a bold move by acquiring US tech company Juniper Networks in a $14bn deal. This acquisition aims to enhance HPE’s offerings in AI-native networking. Juniper Networks, headquartered in Sunnyvale, California, specializes in developing networking technology products such as routers, switches, and network management and security software. The company has been heavily investing in AI, with revenue from AI-driven products experiencing significant growth of nearly 100% year-over-year for the past two quarters.
CEO Rami Rahim expressed his excitement about the acquisition, stating, “Taking full advantage of a once-in-a-generation opportunity requires that we continue to make big and bold moves to truly go all in on AI. That is why I’m so excited that we have entered into a definitive agreement for HPE to acquire Juniper.” Once the deal is complete, Rahim will lead the combined HPE networking business and report directly to HPE president and CEO Antonio Neri.
Rahim believes that the union of HPE and Juniper Networks will result in accelerated innovation across various layers, including compute, storage, and networking, as well as silicon, systems, and software. The acquisition is seen as an important development in the networking industry and will provide customers and partners with an alternative that meets their toughest demands.
HPE, which emerged from the split of Hewlett Packard’s consumer and enterprise businesses, has been witnessing rapid growth and expanding its footprint through various acquisitions. This latest move further strengthens HPE’s position at the forefront of emerging macro-AI trends, allowing them to bridge the gap between AI-native and cloud-native worlds while generating significant value for shareholders.
In conclusion, HPE’s acquisition of Juniper Networks represents a significant strategic move to leverage AI-native networking capabilities. This deal is expected to set the stage for future innovation and growth in the industry, providing customers with enhanced networking solutions that meet the demands of the evolving digital landscape.
The source of the article is from the blog guambia.com.uy