For Juniper Networks Alumni (Jul
4, 2025.)
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Information for Juniper alumni
-- whether or not you ever worked for HPE...
Juniper sale to Hewlett-Packard. Juniper stock was
down to $30. (Ranged from $17 to $36 in 2020-2022; peaked at
$219 in 2000.) Juniper management and board negotiated the
sale for $13.3 billion -- $40/share, a 33% premium. Approved
by Juniper shareholders Apr 2024. Closed Jul 2, 2025.
Stock: Juniper stock has been retired.
$40/share payout details to come.
Options: Juniper stock options and RSUs were
converted to HPE options and RSUs of equivalent value as of
Jul 2, 2025. Details in SEC filing:
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001043604/61208137-41e8-474c-8731-50e7de22bf49.pdf
401(k) Plan:
"The Company maintains a savings
and retirement plan qualified under Section 401(k) of the
Internal Revenue Code of 1986, as amended (the "IRC").
Employees meeting the eligibility requirements, as defined
under the IRC, may contribute up to the statutory limits
each year. The Company currently matches 30% of all eligible
employee contributions which vest immediately." --
2024 Annual Report
Announced in 2024:
https://www.theregister.com/2024/01/10/hewlett_packard_enterprise_snaps_up/
Financial issues.
Received a "Potential Private Retirement Benefit" letter from U.S. Social Security? How to decode the letter and who to contact, if necessary:
"Potential Benefit" letter
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