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Justice Department, Juniper and Hewlett Packard Enterprise
Justice Department sues to block HPE’s $14B Juniper acquisition
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.
Justice Department Sues to Block Hewlett Packard Enterprise’s Bid for Juniper Networks
WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a $14 billion deal that would join the second-largest and third-largest providers of wireless networking solutions for large corporate customers.
Justice Department sues to block $14 billion acquisition by Hewlett Packard Enterprise.
The DOJ sees the proposed acquisition of AI-native network company Juniper Networks as a way for HPE to scoop up a “smaller, innovative rival,” and further consolidate a market in enterprise networking.
bovnews
17h
Why Is Hewlett Packard Enterprise Co (HPE) Stock Lagging Behind -1.87% from Its 50-Day SMA?
Deutsche Bank has recently raised Hewlett Packard Enterprise Co (HPE) stock to Buy rating, as announced on December 19, 2024, according to Finviz. Earlier, on December 6, 2024, Citigroup had raised ...
2h
on MSN
A Hewlett Packard exec sent a dramatic ‘KILL MIST’ email during its aggressive campaign to crush a rival, court docs revealed. Now HP wants to buy it for $14 billion
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
1d
HPE, Juniper met with DOJ as the regulator prepares potential lawsuit - report
Dept. of Justice may sue to block HPE's acquisition of Juniper Networks due to concerns over competition with Cisco.
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