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HPE has confirmed a multi-billion-dollar deal to buy Juniper Networks as it looks to boost its AI ambitions.

Our multi-year focus on innovative, secure AI-native solutions has driven Juniper Networks outstanding performance, Rahim said.

HPE Juniper Networks acquisition deal

In addition, this combination maximizes value for our shareholders through a meaningful all-cash premium.

The deal is expected to close in late 2024 or early 2025, subject to regulatory and shareholder approvals.

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