Hewlett Packard Enterprise (HPE) and Nvidia (NVDA) are teaming up. The two companies announced a portfolio of products that integrate their technologies to help customers build and expand their own AI offerings. Yahoo Finance's Julie Hyman and Josh Lipton discuss what the companies will be offering. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
The deal, announced in January, would see HPE acquire Juniper for $40 per share in cash, or some $14 billion. Juniper is a provider of networking hardware, where it competes with the likes of Cisco Systems and Arista Networks HPE also has a networking business, called Aruba, but is currently more focused on enterprise cloud-computing hardware and services. The deal is a bet on the growing importance of networking in the artificial-intelligence age, HPE’s CEO Antonio Neri told Barron’s after the deal announcement.
CrowdStrike (CRWD) collaborates with Hewlett Packard Enterprise to integrate HPE GreenLake and OpsRamp AIOps with its Falcon cybersecurity platform.