Site icon VMVirtualMachine.com

British watchdog scrutinizing Hewlett Packard Enterprise’s $14 billion acquisition of cable giant Juniper Networks

British watchdog scrutinizing Hewlett Packard Enterprise’s  billion acquisition of cable giant Juniper Networks
Spread the love



The Competition and Markets Authority in Britain is investigating HPE’s proposed $14 billion acquisition of Juniper Networks, seeking comments from interested parties to determine potential competition issues. HPE expects the merger to double its networking business, with little overlap between its existing products and Juniper’s offerings. The watchdog has until August 14 to decide whether to escalate the investigation, impacting HPE’s goal to close the deal by the end of the year. Expectations for the deal include enhancing HPE’s position in AI and cloud-native technologies.

Article Source
https://www.theregister.com/AMP/2024/06/19/cma_hpe_juniper_networks/

Exit mobile version