HPE Cleared to Buy Juniper for $14B, Targets Cisco in AI Networking


HPE Cleared to Buy Juniper for $14B, Targets Cisco in AI Networking

📅 - Hewlett Packard Enterprise (HPE) has received the green light to proceed with its $14 billion acquisition of Juniper Networks, clearing a key regulatory hurdle after months of scrutiny from U.S. authorities. The approval comes following a settlement with the U.S. Department of Justice (DOJ), which had filed a lawsuit earlier this year to block the deal on antitrust grounds.

The agreement, filed on June 27 with the U.S. District Court for the Northern District of California, is expected to receive final judicial approval, clearing the path for HPE to finalize the transaction.

The DOJ initially challenged the merger in January, citing concerns that combining HPE and Juniper would stifle [...][... Check source for end of article ...]
Tags: AI

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