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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.
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