HPE bought Juniper for $14B

Hewlett Packard Enterprise acquired Juniper Networks for about $14 billion on July 2, 2025. The deal has become central to HPE's recent success.

Stock price soared 158%

Since acquiring Juniper, HPE's shares climbed 158%, from $21.34 per share to $55.06. Juniper is saving HPE from earlier problems.

Networking revenue up 117%

For the nine months ended July 31, 2026, HPE posted 117% year-over-year growth in networking products including Juniper routers and Aruba gear.

Networking now 26% of revenue

Networking jumped from 15% of HPE's segment revenue before Juniper to 26% of $32 billion in total segment sales by July 2026.

Hyperscalers driving router demand

CEO Antonio Neri said routing and datacenter switching demand accelerated, with backlog at its highest ever from hyperscalers and neo-clouds.

“Routing and data center switching demand accelerated in the quarter with orders substantially ahead of revenue and our backlog at its highest ever.”

Datacenter networking grew 383%

Six months after the Juniper closing, datacenter networking grew 383% year-over-year. Routing sales jumped from $1 million to $780 million.

Oracle deal for OCI datacenters

HPE expanded collaboration with Oracle to equip OCI datacenters with Juniper PTX and MX routers, plus QFX and EX switches with AIOps software.

QFX switches power Oracle AI

The QFX series will support Oracle's large RDMA over Converged Ethernet v2 backend AI networks, which need dynamic load balancing.

Juniper inside AMD's Helios rack

Juniper's QFX switch tray is the active component in AMD's new Helios rack, a wide rack-scale design with multiple AMD GPUs and CPUs.

HPE will sell switches standalone

CEO Neri said HPE will sell Juniper scale-up switches beyond just embedding them in HPE Helios racks, to customers using different compute vendors.

“Let me be clear, we are going to sell HPE Juniper scale-up switches beyond just embedded in a HPE Helios rack.”