HPE seals $14Bn Juniper deal, doubles networking business
TEXAS, UNITED STATES — Hewlett Packard Enterprise (HPE) has closed its US$14 billion acquisition of Juniper Networks, creating what CEO Antonio Neri calls “a new era for HPE… at the epicenter of the transformation of IT, where AI and networking are converging.”
The deal, first announced in January 2024, merges HPE’s Aruba networking, compute, storage and hybrid-cloud lines with Juniper’s AI-native routers, switches and firewalls, giving customers a single, cloud-native stack from silicon to software.
Juniper’s former chief executive Rami Rahim, now head of the enlarged HPE Networking unit, added that the combined team “will provide customers and partners with a secure network that is purpose-built with AI and for AI.”
The transaction immediately doubles the size of HPE’s networking revenue base and enlarges its total addressable market to include data-center switching, service-provider routing and SASE security.
Global footprint and services
HPE, headquartered in Spring, Texas, now does edge-to-cloud services, high-performance computing and financial services in more than 150 countries and employs about 61,000 people.
Meanwhile, Juniper, based in Sunnyvale, California, brings roughly 11,000 staff and operations spanning over 150 countries, with strengths in carrier-grade routing, campus switching, Wi-Fi, network security and AIOps software.
Together, the companies serve enterprises, telecom operators and public-sector clients across North America, Europe, Asia-Pacific, the Middle East and Africa.
Financial upside for shareholders
The integration is projected to be accretive to HPE’s earnings in the first year post-close, with the combined networking business contributing more than half of the company’s total operating income.
The expanded company now has enhanced research and development capabilities, a broader installed base, and the scale to drive faster innovation across networking, hybrid cloud, and AI markets.
