HOUSTON--(BUSINESS WIRE)--Jul 2, 2025--
HPE (NYSE: HPE) today announced the successful completion of its previously announced acquisition of Juniper Networks, Inc., a leader in AI-native networks. The combination positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and AI-driven IT portfolio, including a full, modern networking stack.
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The transaction doubles the size of HPE’s networking business and provides customers with a comprehensive portfolio of networking solutions. It also accelerates the company’s portfolio mix shift to higher-margin, higher-growth areas and positions the company for long-term profitable revenue growth.
“Today begins a new era for HPE – we are now at the epicenter of the transformation of IT, where AI and networking are converging,” said Antonio Neri, president and CEO of HPE. “In addition to positioning HPE to offer our customers a modern network architecture alternative and an even more differentiated and complete portfolio across hybrid cloud, AI, and networking, this combination accelerates our profitable growth strategy as we deepen our customer relevance and expand our total addressable market into attractive adjacent areas. We look forward to welcoming the Juniper team to HPE.”
“HPE and Juniper have a unique opportunity to disrupt the networking industry at the most important and relevant time,” said Rami Rahim, former CEO of Juniper Networks, who will now lead the combined HPE Networking business. “Together, we’ll be able to provide customers and partners with a secure network that is purpose-built with AI and for AI.”
Compelling Strategic & Financial Benefits
The acquisition was originally announced on January 9, 2024, and was approved by Juniper shareholders on April 2, 2024. With the completion of the transaction, shares of Juniper’s common stock, which traded on the NYSE under the symbol “JNPR,” will cease trading as of today and will no longer be listed on the NYSE.
Advisors
J.P. Morgan Securities LLC and Qatalyst Partners served as HPE’s financial advisors. Committed financing for the transaction was provided by Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A. and Mizuho Bank, Ltd. Wachtell, Lipton, Rosen & Katz, Freshfields Bruckhaus Deringer LLP, and Covington & Burling LLP served as legal counsel. FGS Global served as HPE’s strategic communications advisor. Goldman Sachs & Co. LLC served as Juniper’s exclusive financial advisor and Skadden, Arps, Slate, Meagher & Flom served as legal counsel.
About Hewlett Packard Enterprise
HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.
Forward-looking Statements
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HPE and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, any statements regarding the ability of HPE to integrate and implement its plans, forecasts and other expectations with respect to Juniper’s business after the completion of the transaction, and to realize additional opportunities for growth and innovation as a combined company; any statements regarding the expected strategic, technological, and financial benefits and costs of the transaction contemplated by this document, including enhanced opportunities for growth, the delivery of customer benefits and the realization and timing of synergies and other economic benefits; projections of operational or financial performance; any statements concerning the expected development, performance, addressable market, market share or competitive performance relating to products or services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; that the parties are unable to successfully implement integration strategies; potential adverse business uncertainty resulting from the completion of the transaction; and other risks that are described in HPE’s SEC reports, including but not limited to the risks described in HPE’s Annual Report on Form 10-K for its fiscal year ended October 31, 2024, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and in other filings made by Hewlett Packard Enterprise from time to time filed with the Securities and Exchange Commission. HPE assumes no obligation and does not intend to update these forward-looking statements.
Hewlett Packard Enterprise Closes Acquisition of Juniper Networks to Offer Industry-Leading Comprehensive, Cloud-Native, AI-Driven Portfolio
After a frenetic few months of congressional redistricting efforts, President Donald Trump’s plan to reshape voting districts for partisan advantage ahead of this year’s midterm elections stands at an important juncture.
Will Republican- and Democratic-led states ramp up their remapping of U.S. House districts as new legislative sessions get underway? Or will the mid-decade redistricting frenzy fade away following Indiana’s resounding rejection of Trump’s pressure-packaged campaign?
“We’re at a crossroads to see if the mid-decade redistricting movement gains more speed or was simply an attempt by Donald Trump to impact elections that in many states fizzled,” said Jeffrey Wice, director of the Elections, Census and Redistricting Institute at New York Law School.
Virginia and Florida are two key states to watch. Democrats who lead Virginia and Republicans who lead Florida could try to swing multiple seats in their party’s favor by an aggressive redistricting. Virginia’s legislative session begins Wednesday. Florida Gov. Ron DeSantis plans to call a special session in April on congressional redistricting.
What happens next in Democratic-led Illinois and Maryland and in Kansas' Republican-led Legislature also could affect the GOP’s ability to maintain a narrow House majority in the face of political headwinds that typically favor the party out of power in midterm elections. Key lawmakers in all three of those states remain opposed to redistricting.
Trump kick-started an unusual redistricting plan in July by calling on Texas Republicans to redraw their congressional map to create more favorable districts for the party — even though there was no new census data to base it upon. That triggered a mid-decade redistricting battle the likes of which has not been common since the late 1800s.
Texas, Missouri and North Carolina all approved new Republican-friendly House districts. Ohio, which had to redistrict because of its state constitution, used the opportunity to enact a more favorable House map for Republicans.
But Ohio’s action on Oct. 31 marked a turning point. That same day, Virginia’s Democratic-led legislature took a first step toward redistricting. Then in November, California voters approved new House districts helping Democrats, Kansas Republicans dropped plans for a special session on redistricting, and a Utah judge adopted a new House map that benefits Democrats.
Trump suffered a stunning setback Dec. 11, when Indiana’s Republican-led Senate defeated a redistricting plan that could have helped the GOP win all nine of the state’s U.S. House seats, up from their current seven.
The net result from the 2025 jockeying could be three additional seats for Republicans. But even that is in question, because legal challenges remain in some states, and there is no guarantee that parties will win the districts they redrew.
When the Virginia General Assembly begins its annual session, the agenda will include a proposed constitutional amendment allowing mid-decade redistricting in response to other states.
The amendment, which received first-round approval in the fall, would also need to pass a statewide vote before the new districts could be implemented. Quick action would be necessary to get all that accomplished in time for candidates to run in redrawn districts later this year.
Democrats, who currently hold six of the state’s 11 U.S. House seats, have not unveiled what those new districts would look like. But some have talked of trying to gain as many as four additional seats.
Virginia Gov.-elect Abigail Spanberger has embraced the redistricting effort but has not committed to a particular plan.
“I will look at any map that is kind of reasonable and keeping communities compact and together,” Spanberger, a Democrat, told The Associated Press. “But ultimately, it’s up to the people of Virginia to choose whether or not to move forward with the referendum.”
Republicans currently hold 20 of Florida’s 28 U.S. House seats. That advantage could grow if districts are reshaped during a special session.
Although Florida’s regular legislative session starts Tuesday, DeSantis said he is waiting until April to call a special redistricting session to allow time for a possible U.S. Supreme Court ruling on a key provision of the federal Voting Rights Act. If the court rules in a Louisiana case that race cannot be the predominant factor in creating voting districts, it could open the way for several Republican-led states to redraw districts represented by Black or Hispanic lawmakers who are Democrats.
DeSantis said the high court's ruling could affect “at least one or two” Florida districts.
But any redistricting that aids Republicans could face a court challenge. A voter-approved Florida constitutional provision prohibits drawing district boundaries to favor or disfavor a political party or incumbent.
Some Democrats seeking to counter Trump have urged lawmakers in Illinois and Maryland to redraw their already heavily Democratic districts to try to gain one additional seat in each state. But the plans appear to lack traction as legislative sessions begin this week in both states.
Illinois House Speaker Pro Tem Kam Buckner said “there is no active push” for congressional redistricting.
“There is no appetite to reopen something that will consume enormous time, energy and, frankly, political capital without a compelling justification,” Buckner, a Democrat, told the AP.
Democratic Maryland Gov. Wes Moore has created a special commission to recommend a new congressional map. But Democratic Senate President Bill Ferguson remains opposed and insists that a majority of residents also do not want new districts.
In Kansas, some Republicans want to redraw U.S. House districts to try to gain an additional seat. But House Republicans have failed to gain the two-thirds support needed to override a likely veto by Democratic Gov. Laura Kelly.
House Speaker Dan Hawkins told reporters that he has no plans to hold a vote on congressional redistricting during the annual legislative session that starts Monday.
“I do not have the votes,” Hawkins said.
Associated Press reporters Olivia Diaz, John Hanna, Mike Schneider and Brian Witte contributed to this story.
President Donald Trump points to the crowd as he walks off stage after speaking to House Republican lawmakers during their annual policy retreat, Tuesday, Jan. 6, 2026, in Washington. (AP Photo/Evan Vucci)
FILE - Opponents of Missouri's Republican-backed congressional redistricting plan display a banner in protest at the State Capitol in Jefferson City, Missouri, Sept. 10, 2025. (AP Photo/David A. Lieb, File)
FILE - ndiana Lt. Gov. Micah Beckwith announces the results of a vote to redistrict the state's congressional map, Dec. 11, 2025, at the Statehouse in Indianapolis. (AP Photo/Michael Conroy, File)
FILE - This photo taken from video shows organizers rallying outside of the Ohio Statehouse to protest gerrymandering and advocate for lawmakers to draw fair maps in Columbus, Ohio, Sept. 17, 2025. (AP Photo/Patrick Aftoora-Orsagos, File)
