Latest news with #Juniper
Yahoo
10 hours ago
- Business
- Yahoo
Reproductive health benefits start-up Fertifa swoops on rival Juniper
A reproductive health start-up run by one of Britain's most prominent venture capitalists has swooped on one of its peers amid growing demand from large companies for the provision of fertility and other sexual health-related benefits to their workforces. Sky News understands that Fertifa, which is run by Eileen Burbidge, one of Britain's most prominent venture capitalists, has agreed a deal to buy Juniper, a two year-old London-based company which provides reproductive health insurance. Sources said the deal - worth an undisclosed sum - would be announced publicly on Thursday. Money latest: It will provide fresh evidence of the accelerating consolidation of an area of healthcare which has gained increasing prominence as part of companies' employee benefits packages in recent years. Fertifa counts Meta - the owner of Facebook, Instagram and WhatsApp - among its clients, along with other blue-chip businesses such as the private equity firm Hg Capital, H&M, Lululemon, MoFo, Space NK and Virgin Group. The start-up raised £5m in funding from investors including Notion Capital, Triple Point Ventures and Speedinvest two years ago, following an initial pre-seed round led by Passion Capital. Fertifa is the exclusive provider of the insurer Aviva UK's family planning and fertility benefit for many of its healthcare schemes. The start-up's offering is based on a per-employee, per-month pricing model, and offers reimbursement administration by charging a 5% fee on transaction volumes. It has also broadened its services in recent years by adding men's health, neurodiversity support and a payment plan allowing employees to avoid up-front costs. Juniper, which was founded by Ambra Zhang and Max Bacon, was set up to address a gap in the private medical insurance (PMI) market by focusing on reproductive health coverage. It also raised funding from external investors, including Insuretech Gateway and 2100. The rapid growth of private fertility service providers has given rise to greater scrutiny of their practices, with the collapse of Apricity, one prominent company in the sector, at the end of last year leaving some IVF patients thousands of pounds out of pocket and asking questions about the unregulated nature of the industry. At the time, a statement from the Human Fertilisation and Embryology Authority (HFEA) said it could "only regulate UK licensed fertility clinics, which are the premises where treatments take place". "The decision to cease trading was taken by Apricity's board," it added. "The HFEA is unable to help patients obtain a refund nor compensation. "Patients can also contact the licenced clinic where any procedures, such as egg collection, were due to take place. "We would expect Apricity to ensure that any eggs, sperm or embryos stored in the UK are looked after." Read more from Sky News: One market source said that Fertifa's acquisition of Juniper would strengthen its position as an emerging leader in the sector. Other corporate deals in the industry have included Nasdaq-listed Progyny's purchase of Apryl, a Verlin-based fertility benefits platform, in June 2024. Ms Burbidge and Juniper declined to comment on the deal on Wednesday ahead of a formal announcement.
Sky News
10 hours ago
- Business
- Sky News
Reproductive health benefits start-up Fertifa swoops on rival Juniper
A reproductive health start-up run by one of Britain's most prominent venture capitalists has swooped on one of its peers amid growing demand from large companies for the provision of fertility and other sexual health-related benefits to their workforces. Sky News understands that Fertifa, which is run by Eileen Burbidge, one of Britain's most prominent venture capitalists, has agreed a deal to buy Juniper, a two year-old London-based company which provides reproductive health insurance. Sources said the deal - worth an undisclosed sum - would be announced publicly on Thursday. It will provide fresh evidence of the accelerating consolidation of an area of healthcare which has gained increasing prominence as part of companies' employee benefits packages in recent years. Fertifa counts Meta - the owner of Facebook, Instagram and WhatsApp - among its clients, along with other blue-chip businesses such as the private equity firm Hg Capital, H&M, Lululemon, MoFo, Space NK and Virgin Group. The start-up raised £5m in funding from investors including Notion Capital, Triple Point Ventures and Speedinvest two years ago, following an initial pre-seed round led by Passion Capital. Fertifa is the exclusive provider of the insurer Aviva UK's family planning and fertility benefit for many of its healthcare schemes. The start-up's offering is based on a per-employee, per-month pricing model, and offers reimbursement administration by charging a 5% fee on transaction volumes. It has also broadened its services in recent years by adding men's health, neurodiversity support and a payment plan allowing employees to avoid up-front costs. Juniper, which was founded by Ambra Zhang and Max Bacon, was set up to address a gap in the private medical insurance (PMI) market by focusing on reproductive health coverage. It also raised funding from external investors, including Insuretech Gateway and 2100. The rapid growth of private fertility service providers has given rise to greater scrutiny of their practices, with the collapse of Apricity, one prominent company in the sector, at the end of last year leaving some IVF patients thousands of pounds out of pocket and asking questions about the unregulated nature of the industry. At the time, a statement from the Human Fertilisation and Embryology Authority (HFEA) said it could "only regulate UK licensed fertility clinics, which are the premises where treatments take place". "The decision to cease trading was taken by Apricity's board," it added. "The HFEA is unable to help patients obtain a refund nor compensation. "Patients can also contact the licenced clinic where any procedures, such as egg collection, were due to take place. "We would expect Apricity to ensure that any eggs, sperm or embryos stored in the UK are looked after." One market source said that Fertifa's acquisition of Juniper would strengthen its position as an emerging leader in the sector. Other corporate deals in the industry have included Nasdaq-listed Progyny's purchase of Apryl, a Verlin-based fertility benefits platform, in June 2024.
Yahoo
2 days ago
- Business
- Yahoo
HPE PT Raised to $24, Buy — Juniper Deal, AI Demand Fuel Optimism
Hewlett-Packard Enterprise Company (NYSE:HPE) is a. On July 11, BofA Securities analyst Wamsi Mohan raised the price target on the stock to $24.00 (from $23.00) while maintaining a 'Buy' rating. The reason behind the price target adjustment is that the firm now expects increased cost synergy from the Juniper acquisition. HPE now anticipates at least $600 million in cost synergies over the next three years. This is up from its previous estimate of $450 million. 'Hewlett-Packard Enterprise (HPE) now expects at least $600M (up from $450M) in cost synergies over the next 3 years, with 1/3 of savings realized by end of year 1 and the rest spready evenly across the ensuing years. This benefit will be accretive to non-GAAP EPS in the first full year and accretive to FCF in year 2 and 3. Full, detailed guidance will be provided later during the company's Analyst Day in October." Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads. While we acknowledge the potential of HPE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Sky News AU
09-07-2025
- Entertainment
- Sky News AU
Casey Donovan unrecognisable in first look at new musical Kimberly Akimbo after admitting new diet ‘isn't easy'
Casey Donovan has offered the first glimpse at her latest stage role in the musical version of Kimberly Akimbo and opened up about her recent weight loss journey. Donovan, who shot to fame after winning Australian Idol at just 16, returned to the stage as Aunt Debra in the new production which premiered at Adelaide's Her Majesty's Theatre on Tuesday. The show, which follows a teenager with a rare genetic condition which makes her age rapidly, will transfer to Melbourne's Art Centre from 26 July for a month-long run. The role comes hot on the heels of Donovan's successful national tour in Sister Act in the lead role originated by Whoopi Goldberg in the iconic film about singing nuns. Donovan's weight loss was noticeable in new promotional material for Kimberly Akimbo shared via her official social media accounts. The 36-year-old recently lost a significant amount of weight after overhauling her lifestyle, including the use of a GLP-1 weight loss medication Juniper. GLP-1 medications such as Ozempic and Juniper help regulate appetite and are increasingly being used in medical weight loss programs. The beloved songstress regularly shares updates with her followers about her weight loss journey, including her favourite healthy recipes to beat junk food cravings. 'This journey isn't always easy, but I've never had to figure it out alone,' Donovan wrote recently on social media. 'So grateful for the steady support from my @ health coach Emily.' Casey's new gig comes after the singer revealed the moment she decided to embark on her health journey. 'I'm 36 now and I finally realised that, if I want to be healthy and fit at 40, I need to take some real and lasting preventative measures now,' she told New Idea magazine last month. Donovan also told the magazine that she was hoping to start a family with her fiancée Renee Sharples in the 'semi-near future', revealing she was "in such a good place in my life right now".
Techday NZ
09-07-2025
- Business
- Techday NZ
Juniper named Leader in Gartner's Magic Quadrant for fifth year
Juniper Networks has been positioned as a Leader in Gartner's 2025 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, achieving this status for the fifth consecutive time. In the new report, Gartner also placed Juniper furthest for "Completeness of Vision" and highest for "Ability to Execute" for the fourth consecutive edition of the annual assessment. The criteria for these categories account for a broad range of factors, including market understanding, innovation, sales and marketing strategies, product strategy, market responsiveness, and execution within the rapidly evolving enterprise network market. Recognition by Gartner According to Gartner, "A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market's competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps you quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner's market view. A Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct." This consistent recognition in the Magic Quadrant, a widely referenced industry benchmark, reflects Juniper's ongoing activity in the enterprise networking sector, and the strategic importance of artificial intelligence for network operations, or AIOps, to businesses with complex wired and wireless infrastructure needs. Juniper's approach to AI-native networking "AI for networking operations (AIOps) has become the strategic focus for enterprises to prepare their wired and wireless infrastructure for the future," said Sudheer Matta, SVP, Campus & Branch, Juniper Networks. "With over a decade of AI innovation under our belt, Juniper delivers holistic, self-driving networking solutions featuring digital experience twins with agentic AI and Large Experience Models (LEMs) that deliver exceptional user experiences and simplified IT operations. We believe that being named a Leader by Gartner for the fifth time in a row underscores the advantages of our true AI-native platform with self-driving operations and provides validation for any enterprise looking for a wired/wireless infrastructure that is purpose-built for the modern AI era." Juniper's Mist platform and Marvis AI engine underpin this approach, providing automated, cloud-managed networking solutions and self-driving operations for enterprise customers. The company reports ongoing market momentum, with orders related to the Mist platform growing by over 40 percent year-on-year in the first quarter of 2025. These results reflect increasing customer interest in AI-native architectures to manage complex network environments and improve user experiences. Enterprise adoption and customer case studies Juniper's AI-native networking technology has been adopted by organisations with substantial distributed operations. ALDI SOUTH Group, one of the world's largest grocery retailers operating more than 7,000 stores, is highlighted as an example of how enterprises are leveraging the vendor's solutions for digital transformation across their networks. "As one of the world's largest grocery retailers with over 7,000 stores worldwide, the ALDI SOUTH Group continuously explores new ways to streamline operations, enhance in-store experiences, and offer customers high-quality products at unbeatable prices. To support this objective, Juniper provides ALDI with a campus network which supports secure, reliable connectivity across supply chain operations, point-of-sale systems, and digital in-store experiences. ALDI selected Juniper for their next-generation network transformation, AI-native, cloud-native architecture. The EX4000 access switch is tailor-made for distributed retail enterprise deployments, Mist's cloud-scale NAC simplifies secure access at massive scale, and Juniper's Wi-Fi 6E delivers seamless wireless performance focused on user experience — all driven by the Mist platform." Jens Radeck, IT Manager for ALDI International Services, confirmed the scale and requirements of ALDI's transformation efforts, indicating that secure, scalable connectivity underpinned by Juniper's architecture is a core priority for supporting operational efficiency in its global business. Broader recognition and achievements Juniper's strategy of extending Marvis AI capabilities across the Mist platform has contributed to a cascade of recognitions in industry research, including being named a Leader in the 2025 Gartner Magic Quadrant for Data Center Switching. The ongoing expansion of AI functionality in enterprise network management and data centre operations has been central to Juniper's recent evaluations by analysts. The Gartner Magic Quadrant evaluations are based on thorough, structured research methodologies and are regularly referenced by organisations making technology purchasing decisions in high-growth markets where vendor differentiation is marked. Juniper's repeated positioning reflects both analyst and market perspectives on the company's execution and evolving strategies in the competitive networking sector.
