Pins matching tag:Juniper

HPE closed its all-cash purchase of Juniper Networks at $40 a share, doubling its networking business, days after settling the Justice Department's antitrust suit by agreeing to sell its Instant On unit and license Juniper's Mist AI source code.

HPE's four-day Americas conference at the Venetian Expo, where Antonio Neri's keynote pitched the network as the foundation of the agentic enterprise and HPE launched Juniper switches for AI factories, agent governance with NVIDIA and eight new quantum partnerships.

Judge P. Casey Pitts entered the consent decree clearing HPE's Juniper Networks deal in a 41-page order that found DOJ leadership overrode its own antitrust staff, but held that 12 states and DC had not shown the Instant On sale and Mist source-code licence were against the public interest.

HPE posted record fiscal third-quarter revenue of $12.2 billion, up 34%, and non-GAAP EPS of $1.11, then raised its fiscal 2026 and 2027 outlook as AI and networking orders ran ahead of memory-constrained supply.

Rami Rahim and his HPE Networking leadership team set out the strategy and growth plans of the business built around Juniper, now $2.9 billion of revenue a quarter, in a webcast from Sunnyvale starting at 8:30 a.m. PT.

HPE is expected to report fiscal Q4 and full-year 2026 results after the close, most likely on Thursday 3 December, having guided to $13.9-14.8 billion of quarterly revenue and $1.20-1.30 of non-GAAP EPS; HPE has not yet announced the date.