Overview
- The Department of Justice will withdraw its antitrust lawsuit once HPE transfers its Instant On WLAN business to a DOJ-approved buyer.
- HPE must hold an auction to license Juniper’s Mist AI Ops source code to independent competitors on a perpetual, non-exclusive basis.
- This conditional clearance follows the European Commission’s July 2024 approval and still needs final sign-off from the U.K. regulator and a federal court.
- HPE financed the acquisition mainly through new debt and plans to integrate Juniper’s AI-driven networking systems into its Intelligent Edge and hybrid cloud offerings.
- Investors reacted positively on Monday, lifting HPE shares by 13% and Juniper stock by about 8.4% after the DOJ announcement.