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Juniper, Hewlett Packard Enterprise
US DOJ sues to block Hewlett Packard Enterprise's $14 billion Juniper deal
The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks, according to a complaint filed on Thursday in a federal court in California. Stocks of both the server maker and the networking gear vendor fell more than 3% in afternoon trading.
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.
US Justice Department sues to block HPE’s $14 billion Juniper buy
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.
9h
Trump's DOJ Files Lawsuit Seeking to Block $14B Tech Merger
"This proposed acquisition risks substantially lessening competition in a critically important technology market and thus ...
14h
on MSN
DOJ sues to block Hewlett Packard Enterprise’s $14 billion Juniper deal
The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a ...
3h
on MSN
US DOJ sues to block Hewlett Packard Enterprise's $14 bn Juniper deal
DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' ...
cnbctv18
1h
US Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
The US Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on ...
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