New Delhi, July 2 -- HPE today announced the successful completion of its previously announced acquisition of Juniper Networks, Inc., a leader in AI-native networks. The combination positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and AI-driven IT portfolio, including a full, modern networking stack.The transaction doubles the size of HPE's networking business and provides customers with a comprehensive portfolio of networking solutions. It also accelerates the company's portfolio mix shift to higher-margin, higher-growth areas and positions the companyfor long-term profitable revenue growth.

"Today begins a new era for HPE - we are now at the epicenter of the transf...