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

CONAKRY, Guinea (AP) — Guineans are voting Sunday to elect a new president in the country’s first election since a 2021 coup, as analysts say a weakened opposition will result in a likely win for junta leader Gen. Mamadi Doumbouya.

Sunday’s election is the culmination of a transition process that began four years ago after Doumbouya ousted President Alpha Condé. The junta leader has proceeded to clamp down on the main opposition and dissent, critics say, leaving him with no major opposition among the eight other candidates in the race.

Despite Guinea’s rich mineral resources — including as the world’s biggest exporter of bauxite, used to make aluminum — more than half of its 15 million people are experiencing record levels of poverty and food insecurity, according to the World Food Program.

“This vote is the hope of young people, especially for us unemployed," said Idrissa Camara, an 18-year-old resident of Conakry, who said he has been unemployed since graduating from university five years ago. "I’m forced to do odd jobs to survive. I hope this vote will improve the standard of living and the quality of life in Guinea," he added.

The election is being held under a new constitution that revoked a ban on military leaders running for office and extended the presidential mandate from five to seven years. That constitution was overwhelmingly approved in a September referendum despite opposition parties asking voters to boycott it.

The vote is the latest such election among African countries that have seen a surge in coups in recent years. At least 10 countries in the young continent have experienced soldiers forcefully taking power after accusing elected leaders of failing to provide good governance and security for citizens.

“This election will open a new page in Guinea’s history and mark the country’s return to the league of nations,” said Guinea political analyst Aboubacar Sidiki Diakité. “Doumbouya is undoubtedly the favorite in this presidential election because the main opposition political parties have been sidelined and the General Directorate of Elections, the body that oversees the presidential election, is under the supervision of the government,” he added.

In addition to a weakened opposition, activists and rights groups say Guinea has since the coup seen civil society leaders silenced, critics abducted and the press censored. More than 50 political parties were dissolved last year in a move authorities claimed was to “clean up the political chessboard” despite widespread criticism.

There was heavy security in Conakry and other parts of Guinea with nearly 12,000 police officers among security forces mobilized and checkpoints set up along major roads. Authorities had said on Saturday that security forces “neutralized” an armed group with “subversive intentions threatening national security” after gunshots were heard in Conakry’s Sonfonia neighborhood.

Across polling stations, long queues of mostly young voters waited to cast their ballot while police officers closely monitored the process.

A total of nine candidates are contesting the election, and Doumbouya’s closest challenger is the little-known Yero Baldé of the Democratic Front of Guinea party, who was education minister under Condé.

Two opposition candidates, former Prime Minister Lansana Kouyaté and former government minister Ousmane Kaba, were excluded on technical grounds while longtime opposition leaders Cellou Dalein Diallo and Sidya Toure have been forced into exile.

While Baldé has hinged his campaign on promises of governance reforms, anti-corruption efforts and economic growth, Doumbouya has built his around major infrastructure projects and reforms launched since taking power four years ago.

The junta’s most important project has been the Simandou iron ore project, a 75% Chinese-owned mega-mining project at the world’s largest iron ore deposit which began production last month after decades of delays.

Authorities say that a national development plan tied to the Simandou project aims to create tens of thousands of jobs and diversify the economy through investments in agriculture, education, transport, technology and health.

“In four years, he (Doumbouya) has connected Guinean youth to information and communication technologies,” said Mamadama Touré, a high school student wearing a T-shirt with Doumbouya’s image in the capital of Conakry, as he cited digital skills training programs put in place by the authorities.

About 6.7 million registered voters are expected to cast ballots at roughly 24,000 polling stations nationwide, with results expected within 48 hours. There will be a runoff if no candidate wins a majority of the votes.

In Conakry, 22-year-old student Issatou Bah said he is still undecided about whether to vote in the election.

“This is the third time I’ve voted in Guinea, hoping things will change. But nothing has changed,” said Bah, adding that he hopes the election will improve "this country that has everything but struggles to take off.”

FILE - Guinea's junta leader Col. Mamady Doumbouya watches over an independence day military parade in Bamako, Mali on Sept. 22, 2022. (AP Photo, File)