“Hewlett Packard Enterprise has received US Department of Justice approval for its $14 billion acquisition of Juniper Networks, paving the way for the completion of the deal. The acquisition is expected to strengthen HPE's position in the networking equipment and AI solutions market, allowing it to better compete with industry leaders like Cisco Systems.”
Hewlett Packard Enterprise (HPE) has received approval from the US Department of Justice for a settlement agreement that paves the way for the completion of its $14 billion acquisition of Juniper Networks.
The deal is expected to double the size of HPE's networking business and generate significant operational synergies, with HPE aiming to better compete with industry leaders like Cisco Systems using Juniper's software-defined networking and AI operations platform.
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