https://www.reuters.com/technology/artificial-intelligence/juniper-networks-invests-ai-startup-recogni-102-million-funding-round-2024-11-12/
Can they invest when acquisition is near the line? What hpe to say about this investment.
11 replies (most recent on top)
I work directly with customers and I can assure you, MIST is an overhyped POS product that is propped up by the service team. Anyone who says different is continuing the false narrative for their own gain.
HPE shareholders will be the “shareholders” after the acquisition. People really seem to be struggling with this.
When the acquisition closes HPE will buy all outstanding shares at 40 dollars an share and own the company outright. There will be no Juniper “shareholders”. If you want to be a shareholder post acquisition buy HPE stock.
If Juniper makes money on this investment after HEP acquisition, will this be distributed to the shareholders or given back to HPE?
These investments are strategic. Not because Juniper needs the technology, but they do because they see an upside in their invested money and, with that, a potential 1st right of refusal when the company is being acquired or has the intention for that
Not only can Juniper invest the expectation is that they will continue operating autonomously until the acquisition is done.
Seeing as HPEs main driver in acquiring Juniper is the AI capabilities they had better keep at it. Juniper may be the only supplier with an AI network product today but clearly all the rest are working on it. So it makes sense that they are continuing to develop and expand the AI Mist capabilities.
Investing in tech vs paying out bonuses
Merger not happening? Why would Juniper take independent decision without HPE?
I work directly with customers and I can assure you, MIST is the real deal
The AI part of Mist was all hype. Think Theranos. Now this is to buy what Marvis should have been so there is actually something to deliver.
Because tech companies will continue to invest in growth areas. Juniper has to continue to operate as an independent company until the merger completes.
It honestly is a great sign the company isn’t just idling waiting for the money to come in.
If Mist + Apstra was doing well, why invest in another AI? Why are they allowing this if everything is frozen financially inside?