Pins matching tag:HPE

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.

DOE's Lux AI cluster, built by HPE with more than 4,000 AMD MI355X GPUs, was delivered to ORNL's leadership computing facility, starting installation of the first dedicated AI system for the Genesis Mission.

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's flagship European conference comes to Fira Barcelona Gran Via on 2-3 December 2026, opening with Antonio Neri's keynote and running networking, cloud and AI programmes with hundreds of demos.

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.