The UK competition watchdog, CMA, is investigating whether Hewlett Packard Enterprise’s acquisition of Juniper Networks is in compliance with competition laws. HPE announced a $14 billion deal in January, expecting to boost its networking business. The company plans to close the deal in 2024 or 2025. HPE’s current networking offerings come from acquisitions like Aruba Networks and Cray, with products optimized for supercomputers. Juniper also offers networking products and manages devices with an AI assistant called Marvis. The CMA will accept public comments on the investigation until June 19 and may approve the deal or conduct a Phase 2 investigation. Your support is appreciated in keeping our content free.
Article Source
https://siliconangle.com/2024/06/19/uk-antitrust-watchdog-opens-probe-hpes-14b-juniper-acquisition/