Hewlett Packard Enterprise (HPE) announced its $14bn deal to buy Juniper Networks in January 2024It received European Commission approval in AugustBut the US
US DoJ says HPE-Juniper deal will come at the cost of competition The companies say acquisition would give customers “greater innovation and choice” European and British investigators have already given their approval The US Department of Justice has filed a lawsuit to block HPE’s acquisition of Juniper Networks – a deal anticipated to be worth $14 billion – following a complaint filed with a US District Court for the Northern District of California.
DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
Former United States Assistant Attorney General Bill Baer joins Catalysts to discuss the Department of Justice's lawsuit aimed at blocking the proposed $14 billion Hewlett Packard Enterprises (HPE) deal to acquire Juniper Networks (JNPR).
The Department of Justice (DOJ) on Thursday sued to block Hewlett Packard Enterprise (HPE) from acquiring Juniper Networks, arguing that the merger between the nation’s second- and third-largest
The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.
Hewlett Packard is set to merge with Juniper for $14 billion. However, the U.S. Justice Department is suing to block the merger.
HPE agreed to acquire networking gear maker Juniper Networks in an all-cash deal for $40 per share, valuing the latter at about $14bn, in January 2024. Filed in the Northern Distr
Antonio Neri, Hewlett Packard Enterprise CEO, joins 'Money Movers' to discuss the DOJ's lawsuit against the HPE-Juniper deal, the rising competition from Juniper, and much more.
Following a strong 2024, three-quarters of retail managers anticipate continued success amid plans for expansion and innovation.