(MT Newswires) -- Hewlett Packard Enterprise (HPE) has announced the purchase of Juniper Networks for $14 billion to expand the company's networking and artificial intelligence capabilities. This strategic acquisition is expected to transform HPE's networking portfolio and account for more than a third of its revenues and nearly 60% of its profit. At the same time, CEO Antonio Neri has pledged to maintain share buybacks and dividends, while reducing debt within two years of the transaction.
Antonio Neri, CEO of Hewlett Packard Enterprise: Acquisition of Jupiter Networks for $14 billion
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