Hewlett Packard Enterprise Closes Acquisition of Juniper Networks to Offer Industry-Leading Comprehensive, Cloud-Native, AI-Driven Portfolio

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

MEXICO CITY (AP) — Colombia arrived at the World Cup with dreams of redemption after missing out on Qatar in 2022. Although it was tense at times, the Cafeteros got off to a strong start.

Luis Díaz had a goal and an assist in his debut on soccer's biggest stage, sparking Colombia to a 3-1 win over Uzbekistan on Wednesday night.

“That’s what we came here to do. It’s very important to win this first game. We controlled the first half, but they played better in the second,” said Díaz, who plays for Bayern Munich. “We must improve.”

Daniel Muñoz, also playing in his first World Cup, opened the scoring in the 40th minute after a pass from Díaz, who scored the tiebreaking goal in the 65th when his strike from close range deflected off the hands of diving goalkeeper Utkir Yusupov and trickled across the line.

“We knew that it was going to be a tough match,” Colombia coach Nestor Lorenzo said.

Fayzullaev Abbosbek scored in the 60th minute for Uzbekistan, which made its World Cup debut in front of a heavily pro-Colombia crowd of 80,824 at Estadio Azteca.

“It is a wonderful joy, but emotionally, I think it weighed on some of the players who suffered physically,” Lorenzo said. “It has to do with the emotional burden generated by the opening match and the setting in which we played — especially since we were expected to take the initiative and were under pressure to win.”

With the White Wolves' defeat, three of the four debuting teams at this year's World Cup lost their first match. Cape Verde played Spain to a draw, while Curaçao and Jordan lost.

“For a small team like ours, to lose 3-1 is too much,” said Uzbekistan coach Fabio Cannavaro, an Italian who took over the team in October 2025. “We have good quality for an Asian team, but we need to grow. It was a good experience.”

Jaminton Campaz added a goal in second-half stoppage time for the Colombians, who are ranked 13th in the world and were heavy favorites over 50th-ranked Uzbekistan. Colombia's best World Cup finish was a run to the quarterfinals in Brazil in 2014.

“We needed to hit the ground running. Now we can enjoy the rest of the night,” midfielder Gustavo Puerta said.

Colombia moved atop Group K, ahead of Portugal and Congo, who played to a surprising 1-1 draw earlier Wednesday.

The Colombians will face Congo next Thursday at Guadalajara, Mexico, while Uzbekistan will take on Cristiano Ronaldo and Portugal at Houston.

“We are going to play against a tough team that played great against one of the best teams in the world. It is going to be hard,” Lorenzo said.

Colombia finished third in South American qualifying behind Argentina and Ecuador. Uzbekistan was second in its Asian qualifying group behind Iran.

AP World Cup: https://apnews.com/hub/fifa-world-cup

Colombia's Luis Diaz (7) celebrates after scoring his team's second goal during the World Cup Group K soccer match between Uzbekistan and Colombia in Mexico City, Wednesday, June 17, 2026. (AP Photo/Ashtin Barker)

Colombia's Luis Diaz (7) celebrates after scoring their second goal during the World Cup Group K soccer match between Uzbekistan and Colombia in Mexico City, Wednesday, June 17, 2026. (AP Photo/Ashtin Barker)

Colombia's Luis Diaz (7), top, celebrates with his teammates after scoring his side's second goal during the World Cup Group K soccer match between Uzbekistan and Colombia in Mexico City, Wednesday, June 17, 2026. (AP Photo/Silvia Izquierdo)

Colombia's Luis Diaz (7) controls the ball against Uzbekistan's Abdukodir Khusanov (2) during the World Cup Group K soccer match between Uzbekistan and Colombia in Mexico City, Wednesday, June 17, 2026. (AP Photo/Fernando Llano)

Colombia's Luis Diaz (7) celebrates after scoring his team's second goal during the World Cup Group K soccer match between Uzbekistan and Colombia in Mexico City, Wednesday, June 17, 2026. (AP Photo/Eduardo Verdugo)