Responding to media report on potential acquisition of Juniper Networks, Nokia corp. (NOK) said Wednesday that it is not currently in talks with, nor is it preparing an offer for, Juniper Networks related to an acquisition of that company.
Earlier today CNBC reported that Nokia was in talks to buy Juniper Networks.
The offer would value Juniper at around $16 billion, above its market capitalization of around $11.12 billion at Wednesday's close, the report said citing sources.
JNPR closed Wednesday's regular trading at $29.61, up $1.42 or 5.04 percent. In the after-hours trade, the stock further gained $0.86 or 2.90 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.