Juniper soars on reports Hewlett Packard Enterprise close to $13 billion deal


FILE PHOTO: A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock Exchange, October 29, 2009. REUTERS/Brendan McDermid/File Photo

(Reuters) -Juniper Networks' shares climbed nearly 21% on Tuesday after reports Hewlett Packard Enterprise was nearing a $13 billion deal for the networking gear maker to capitalize on the boom in artificial intelligence.

A deal could be announced as early as this week, a person familiar with the matter told Reuters on Monday.

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