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Juniper Networks ( (JNPR) ) has shared an update.
Hewlett Packard Enterprise and Juniper Networks announced a merger agreement where Juniper will become a wholly owned subsidiary of HPE. However, the U.S. Department of Justice filed a lawsuit on January 30, 2025, to block this acquisition, citing antitrust concerns in the Wireless Local Area Network market. The companies argue that the merger is pro-competitive and will enhance innovation, competition, and national security, with support from customers and clearance from other international antitrust regulators.
More about Juniper Networks
Juniper Networks is a company focused on simplifying network operations and enhancing user experiences through its solutions that offer insight, automation, security, and AI. The company is dedicated to addressing challenges related to well-being, sustainability, and equality by powering connections.
YTD Price Performance: -6.96%
Average Trading Volume: 4,051,313
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.02B
For an in-depth examination of JNPR stock, go to TipRanks’ Stock Analysis page.
