Juniper Networks

Assembly Line

Hewlett Packard Enterprise to buy Juniper Networks in $14 bln deal

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Hewlett Packard Enterprise, Juniper Networks

Hewlett Packard Enterprise (HPE.N) will buy networking gear maker Juniper Networks (JNPR.N) for $14 billion in an all-cash deal, in an attempt to spruce up the company’s artificial intelligence (AI) offerings. HPE offered $40 per share to Juniper shareholders, the companies said on Tuesday. That represents a 32.4% premium to the stock’s close on Monday, when the news of the deal first emerged.

Read more at Reuters

Juniper Ventures’ Series B Investment in ZEDEDA

📅 Date:

✍️ Author: Shelly Rao

🔖 Topics: Funding Event

🏢 Organizations: ZEDEDA, Juniper Networks

Juniper Ventures is thrilled to announce its Series B investment in ZEDEDA, a pioneer in edge virtualization. Since the original investment in 2018, we continue to be impressed by ZEDEDA’s execution and its team’s ability to meet the ambiguous and evolving demands of today’s enterprise edge market. ZEDEDA’s cloud-native solution eliminates vendor lock-in and simplifies the deployment and full lifecycle management of both hardware and software applications at scale. The platform supports a diverse set of hardware with Zero Trust security and is scalable through flexible application deployment models — enabling users to leverage existing infrastructure investments alongside modern, cloud-native innovations.

Read more at Medium