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Hewlett Packard Enterprise to Buy Juniper Networks For $14 Billion

Hewlett Packard Enterprise has agreed to buy Juniper Networks, a $14 billion deal that would merge two legacy network-operations companies as they seek to capitalize on the rise of generative artificial intelligence.The Wall Street Journal reported on Monday that the companies were nearing a deal.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Hewlett Packard Enterprise has agreed to buy Juniper Networks, a $14 billion deal that would merge two legacy

Hewlett Packard Enterprise Near Deal to Buy Juniper Networks

Updated Jan. 8, 2024 6:31 pm ETHewlett Packard Enterprise is in advanced talks to buy Juniper Networks for about $13 billion, in a bid to better position the nearly 100-year-old technology company in the era of artificial intelligence. A deal between the two companies could be announced as soon as this week, according to people familiar with the matter, assuming the talks don’t fall apart. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 8, 2024 6:31 pm

Tesla recalls over 1.6 million cars in China over Autopilot, locks

Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China.Vcg | Visual China Group | Getty ImagesTesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state regulators announced Friday. Both issues can be repaired through a free over-the-air software update, so drivers do not have to take their vehicles anywhere, regulators said.China's State Administration for Market Regulation…

Intel Spins Off Enterprise Generative AI Deployment Firm Articul8

Intel and the global investment firm DigitalBridge Group have formed an independent generative AI software stack company, Articul8 AI, Inc. (Articul8); Intel announced the new company on Jan. 3. Articul8 will work with Intel and provide solutions for organizations that wish to build and deploy generative AI. Articul8’s product and capabilities Articul8’s product is “a turnkey GenAI software platform that delivers speed, security and cost-efficiency to help large enterprise customers operationalize and scale…

What a long, strange year it’s been in enterprise tech news

From Salesforce drama to the year of generative AI Apologies to the Grateful Dead, but what a long, strange year it’s been in 2023 enterprise tech news. It began with a ton of Salesforce drama and eventually got taken over by generative AI and ChatGPT, which seemed to come out of nowhere to completely dominate the news cycle this year. But even though AI clearly influenced much of the news, and even my own coverage, there was still a ton of other enterprise stories that made the…

The Rise of Low-Code/No-Code Platforms in Enterprise Development

In the realm of software development, a significant shift is underway. The emergence of low-code and no-code platforms is revolutionizing how enterprises approach application development. Traditionally, software development has been the purview of skilled programmers, requiring extensive knowledge of coding languages and development frameworks. However, the rise of LCNC platforms is altering this landscape, making software development more accessible to a broader range of individuals, including those without formal…

SEC charges ex-CEO of Stimwave with fraud, says some devices were fake

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021.Andrew Kelly | ReutersLaura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making "false and misleading" statements about one of its devices, according to a complaint filed with the U.S. Securities and Exchange Commission Tuesday.The complaint alleges that Perryman misrepresented a Stimwave…

Here are 3 stocks other than Nvidia getting AI premium from investors

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC's San Francisco bureau on November 21, 2019.Jacob Jimenez | CNBCThe big winner for investors this year in the generative AI boom has been Nvidia. The company's stock price rocketed 234% as demand soared for the chipmaker's processors that are designed to handle the hefty compute loads required to train and run large language models.The LLMs from Microsoft-backed OpenAI and others relying on Nvidia's technology can turn users'…

In a slow year for enterprise tech M&A, there were few standout deals

Cisco was the most active company It’s that time of year when we look back at the year’s biggest tech M&A deals. Typically by this time, the usual acquisitive suspects like Microsoft, Salesforce, Adobe, SAP Oracle and Cisco have taken at least a few big swings. But this year, only Cisco took a big bite, ultimately announcing 11 total deals. SAP made a couple smaller deals, but Microsoft, Salesforce, Adobe and Oracle mostly stayed on the sidelines this year. The $61 billion…

Clearlake and Insight reach $4.4B deal to take software maker Alteryx private

Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which Reuters reported several days ago had been vying for Alteryx. The Clearlake-Insight deal, which includes debt, values Alteryx’s equity at around…