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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.
GovCon Wire
1h
HPE, Juniper Networks Respond to DOJ’s Move to Block Proposed $14B Acquisition
Read about Hewlett Packard Enterprise and Juniper Networks' response to a Justice Department move to block the proposed $14 ...
1h
US DOJ moves to block HPE acquisition of Juniper Networks
The US Department of Justice (DOJ) has filed a lawsuit to prevent Hewlett Packard Enterprise's (HPE) proposed $14bn deal to ...
19h
DOJ sues to block Juniper acquisition by HP Enterprise
EST DOJ sues to block Juniper (JNPR) acquisition by HP Enterprise (HPE)Invest with Confidence: Follow TipRanks' Top Wall Street Analysts ...
17h
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 ...
6h
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' ...
Business Times
13h
US DOJ sues to block Hewlett Packard Enterprise’s US$14 billion Juniper deal
THE US Department of Justice has sued to block Hewlett Packard Enterprise’s US$14 billion deal to acquire networking gear ...
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