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US Justice Department settles antitrust case for HPE's $14 billion takeover of Juniper
- The U.S. Department of Justice resolved its legal dispute concerning Hewlett Packard Enterprise's $14 billion all-cash purchase of Juniper Networks.
- The DOJ filed the suit in January arguing the deal would harm competition by giving Cisco and HPE over 70% of the U.S. networking market.
- The settlement requires HPE to divest its Instant On wireless business and license Juniper's Mist AI software source code to preserve market competition.
- HPE CEO Antonio Neri said the agreement "paves the way to close HPE's acquisition of Juniper Networks" and helps customers by increasing competition.
- The deal may close pending court approval and is expected to double HPE’s networking business and accelerate growth in AI data center, cloud, and service provider sectors.
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Apple Loses Bid to Dismiss Justice Department Antitrust Suit
Apple Inc. lost its bid to throw out an antitrust case brought by the US Justice Department and a group of state attorneys general on Monday, a victory for the aggressive posture taken by Biden administration enforcers.
·United States
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Associated Press News+5 Reposted by 5 other sources
Way clear for Hewlett Packard Enterprise's $14B acquisition of Juniper after Justice Dept settlement
Hewlett Packard Enterprises has reached a settlement with the Justice Department that could clear the way for its $14 billion takeover of rival Juniper Networks.
·United States
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Coverage Details
Total News Sources63
Leaning Left5Leaning Right3Center11Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 26%
C 58%
R 16%
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