Tag: $Juniper Netwoks

Hewlett Packard Enterprise is in talks to buy Juniper Networks  in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.

Shares of Juniper Networks Inc. JNPR, +0.07% dropped more than 6% in extended trading Thursday after the company reported quarterly results and warned it expects “continued weakness in bookings, particularly with our Cloud and, to a lesser extent, our Service Provider customers.” Juniper reported fiscal second-quarter net income of $24.4 million, or 7 cents a share, down from net income of $113.4 million, or 35 cents a share, in the year-ago quarter.