Hewlett Packard Enterprise to Secure EU Approval for $14B Juniper Networks Acquisition
The acquisition aims to enhance HPE's AI and hybrid cloud capabilities, pending final regulatory decisions.
- The European Commission is expected to approve HPE's $14 billion acquisition of Juniper Networks by August 1.
- The deal is part of HPE's strategy to strengthen its position in the AI and hybrid cloud markets.
- HPE is highlighting Cisco's market dominance to address potential competition concerns.
- The UK's antitrust authority will decide on the acquisition by August 14.
- If approved, the acquisition will significantly expand HPE's networking business.