Arista Networks (NYSE:ANET) is a computer networking company achieving consistently high revenue growth by offering data centers affordable network switching hardware. Although the stock maintains a relatively high forward P/E ratio of around 45x, the company has staked out a solid market niche in a high-growth industry via innovation. Its ability to generate revenue draws attention as …
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion bid to acquire Juniper Networks. HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used …
The US-based telecom gear maker Juniper Networks plans to cut more than 400 jobs. These planned layoffs will be across the company’s locations globally. According to a statement, the company will be incurring a cost of $59 million as a result of these job cuts. Of this, severance and termination expenses will likely comprise $40 …