- Hewlett Packard Enterprise (NYSE:HPE) will acquire Cape Networks for an undisclosed amount.
- Cape is a SaaS and hardware company that makes a Wi-Fi monitoring product.
- Cape Networks will become a part of HPE’s Aruba company to expand its AI-powered networking capabilities.
- The acquisition is expected to close this week or in early April.
- HPE shares are down 0.7% premarket to $17.86.
Hewlett Packard Enterprise acquires Wi-Fi monitoring company
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