HomeMarket News Nutanix Takeover Speculation ...

Nutanix Takeover Speculation Nutanix Sparks Acquisition Chatter

Daily Market Recaps (no fluff)

always free

Nutanix headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Nutanix (NASDAQ:NTNX) experienced a 2.5% surge, fueling conjecture about potential takeover interest.

Speculation has arisen regarding takeover interest in Nutanix, spurred in part by a Betaville “uncooked alert.” However, the identity of the potential suitor remains shrouded in mystery.

This speculation follows reports from Bloomberg in November 2022, indicating that Hewlett Packard Enterprise (HPE) had engaged in discussions with Nutanix (NTNX). However, these talks were reported to have cooled off concerning a potential deal by December 2022.

The WSJ reported late Monday that Hewlett Packard Enterprise (HPE) was in advanced talks to acquire the networking company Juniper Networks (JNPR) for approximately $13B. Subsequently, Juniper shares surged by 22% on Tuesday in response to the report.

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.