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HPE CEO discusses $14B Juniper Network deal and AI
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Hewlett Packard Enterprise (HPE) is set to acquire hardware manufacturer Juniper Networks (JNPR) in a deal that is valued at up to $14 billion. HPE CEO Antonio Neri joins Yahoo Finance's Seana Smith to discuss the networking company's growth, especially in its cloud segment.
"So there's a lot of room to grow, but this is the first time in the company's history that we will have all the capabilities to participate in the entire total addressable market," Neri explains. "Generally speaking, that doesn't happen, nobody participates in the sleeper of the market, whether it's the bottom or the top or the middle. Now we have everything we need to compete in a $180 billion. We own all the IP to really deliver these AI-driven solutions."
Neri also comments on HPE's cooperation with antitrust regulators, ultimately anticipating no issues.
#youtube #tech #AI
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
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"So there's a lot of room to grow, but this is the first time in the company's history that we will have all the capabilities to participate in the entire total addressable market," Neri explains. "Generally speaking, that doesn't happen, nobody participates in the sleeper of the market, whether it's the bottom or the top or the middle. Now we have everything we need to compete in a $180 billion. We own all the IP to really deliver these AI-driven solutions."
Neri also comments on HPE's cooperation with antitrust regulators, ultimately anticipating no issues.
#youtube #tech #AI
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social: