Juniper Networks Inc - JNPR STOCK NEWS

Hewlett Packard Enterprise (HPE) and Juniper Networks, Inc. (JNPR) have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The acquisition is expected to double HPE’s networking business, creating a new networking leader with a comprehensive portfolio that presents customers and partners with a compelling new choice to drive business value. The transaction is expected to be accretive to non-GAAP EPS and free cash flow in the first year post close, and is expected to achieve operating efficiencies and run-rate annual cost synergies of $450 million within 36 months post close. The combination is expected to increase the scope of HPE’s networking business and will create meaningful opportunities to provide even more comprehensive solutions to Juniper’s installed base of enterprise customers, communication service providers, and tier-one cloud customers, as well as launches HPE into adjacent large segments, including data center networking, firewalls, and routers.

Juniper Networks (JNPR) has announced that National Chi Nan University (NCNU) has implemented Juniper’s AI-driven wireless solutions, enabling a seamless and reliable networking experience for its students and staff. NCNU aims to become an AI-integrated university and has implemented Juniper’s Access Points driven by Mist AI™ to provide a seamless wireless network experience. With enrollment averaging around 6500 students each year and over 700 faculty members, NCNU is one of Taiwan's 13 academic research centers. The university's goal is to build a digitally-led campus to enable hybrid learning experiences for its students. NCNU has implemented Juniper AP43 Wireless Access Points in conjunction with Juniper Mist Cloud, significantly optimizing the performance of its network across its EMBA classes for an improved learning experience. Zero Wi-Fi trouble tickets have been logged since Juniper’s AI-driven solutions were implemented.

Juniper Networks (NYSE: JNPR) partners with Arirang TV to deliver uninterrupted 24/7 broadcasts to households in 105 countries worldwide. Arirang TV, an international English language broadcasting network based in South Korea, has upgraded its networking infrastructure with Juniper Networks® QFX Series Switches and EX Series Switches to showcase South Korea’s values, culture, and arts to a global audience. The upgrade includes the deployment of Juniper’s QFX5120 and QFX10008 Switches, as well as EX3400 and EX4300 Series Switches, to support next-gen broadcasting systems and establish a robust and scalable platform for real-time content delivery.

Juniper Networks (NYSE: JNPR) will release preliminary financial results for the quarter ended December 31, 2023, on January 30, 2024, after the market close. The Company's senior management will host a conference call at 2:00 pm PT. Commentary by Ken Miller, CFO, reviewing the Company's Q4 and fiscal year 2023 financial results, as well as the Q1 2024 financial outlook, will be published on the Company's website at http://investor.juniper.net.

Juniper Networks (JNPR) and NEC Corporation (6701) have partnered to implement Intent-Based Networking, aiming to simplify operations, reduce costs, and enhance user experience.

Juniper Networks (JNPR) announces the winners of the 2023 Elevate Awards, honoring customers using AI and automation to deliver exceptional experiences. The winners include ServiceNow, Malaysia Marine and Heavy Engineering, Atos, City of Las Vegas, Akamai Technologies, E.W. Scripps, and BT Group. The Grand Winner is ServiceNow. The awards recognize companies from over twenty countries and highlight innovation in seven key categories.

Juniper Networks (JNPR) announced that Vodafone Business is delivering a new SD-LAN managed service built on Juniper Mist driven by Mist AI, offering real-time insights, automated self-driving operations, and reduced manual trouble tickets. Vodafone Business is providing fully managed and co-managed SD-LAN services with flexible subscription models, using Juniper's wireless Access Points and EX switches, managed via cloud-driven wired and wireless access assurance services and AI-driven virtual network assistant. The service aims to reduce site visits, carbon emissions, and power consumption, supporting the circular economy through the Juniper Certified Pre-Owned Program and Try & Buy option.

Juniper Networks (JNPR): Juniper Networks to Host Juniper MistTM Customer Tech Talk on December 13, 2023. Sujai Hajela, Executive Vice President, AI-Driven Enterprise, will present at the event. To attend, pre-registration is required. The event will be live webcasted on the Juniper Networks website.

Juniper Networks (NYSE: JNPR) has been selected by the City of Las Vegas to power its network backbone for its model smart city goal by 2025. The city has chosen Juniper Cloud Metro solutions to build its private 5G network, catering to city government, public schools, tourism, and residents. Juniper's Cloud Metro solution, featuring ACX7024 Cloud Metro Routers and EX4300 Switches, will form the robust backbone of the metro network, managed using Juniper Mist Wired Assurance, an AI-driven cloud service. The network's initial coverage spans the city's Innovation District and is rapidly expanding. Juniper was selected for its robust solutions that provide the necessary aggregation and backhaul for the wireless traffic to reach 42 million annual tourists, more than 640,000 residents, and span 123 miles of fiber support for traffic management. The network is designed to be open and intelligent, allowing any third-party application or end-user device to connect.