Juniper vows to continue Palo Alto fight; Elliott ups stake to 7.4%

|About: Juniper Networks (JNPR)|By:, SA News Editor

For now at least, Juniper (JNPR +0.4%) isn't showing any signs it's ready to settle with Palo Alto Networks (PANW +1%) after a mistrial was declared last week for its huge patent suit.

"We look forward to presenting our case to a new jury in the near future," the networking/security hardware vendor declares in a statement.

Meanwhile, Elliott Management has disclosed its Juniper stake is now at 7.4%, up from the 6.2% position it announced in January. Since Elliott's original announcement, Juniper has largely granted the firm's wish list. (13D)