A journal for networking and telecoms
The Wall Street Journal reported on Monday afternoon that Hewlett Packard Enterprise (HPE) is nearing a deal to acquire Juniper Networks in a deal valued at approximately $13 billion.
Neither company has commented publicly on the article as of Monday evening.
As of last Friday, the market capitalization of Juniper Networks was approximately $9.6 billion, so the offer would represent a 35% premium.
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From the Technology Graveyard
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
From 25 years of the Converge Digest archive.
