Channel Beat: Another Big Vendor Change On The Horizon?

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Could Juniper Networks go private? Reports surfaced this week indicating that the company has hired Goldman Sachs to advise on that decision.

Juniper partners largely support a move to take the company private, and Juniper's stock got a boost from the reports, jumping from $28.50 per share to $31.45. Juniper has been publicly traded since 1999. Experts say going private would allow Juniper the flexibility to make tough decisions to advance its business, like the rumored play to sell its security business.

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This week HP debuted its two new independent companies: Hewlett Packard Enterprise and HP Inc. The stock market favored the latter of those two, whose stock climbed 14 percent in its first trading day. Hewlett Packard Enterprise, on the other hand, fell 1.5 percent.

Hewlett Packard Enterprise lost its CIO Ralph Loura, who had helped shepherd the company through its transition. In an email to CRN, Loura confirmed he had left but did not disclose his plans for the future.

Symantec is looking ahead as it prepares to split from Veritas, and this week CEO Michael Brown said the company is eyeing acquisitions.

Brown addressed his plans for the $6 billion Symantec will gain from the Veritas split during the company's Q2 earnings call. Revenue was down 7 percent year over year, and net income was also down 9 percent year over year.

PUBLISHED NOV. 6, 2015