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17/07	Dow Closes at Record High as Nasdaq Plunges; Markets Parse Fed Governor Remarks, Earnings, Trade Threats	MT
17/07	Critical Mineral Resources strikes Igli deal	AN

HP Enterprise to buy Silver Peak for about $925 million

July 13, 2020 at 03:51 pm IST

Hewlett Packard Enterprise Co said on Monday it would buy Silver Peak, a California-based developer of tools to enhance the performance of wide area networks, for about $925 million (734.3 million pounds) in cash.

Silver Peak will be combined with HPE's Aruba business unit, which makes Wi-Fi network gear, the company said.

(Reporting by Ayanti Bera in Bengaluru; Editing by Sriraj Kalluvila)

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