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If completed, the acquisition would double HPE's existing networking business. It would mark one of the biggest deals for the company since it spent $3 billion in 2015 to buy Aruba Networks.
HPE's $14 billion acquisition of Juniper Networks was subjected to an investigation by the UK's antitrust watchdog, the Competition and Markets Authority. On June 19, 2024, the Competition and Markets Authority announced that it had initiated a merger inquiry to assess potential competition concerns arising from the deal, setting an August 14 ...
BRUSSELS (Reuters) -Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks, people ...
People familiar with the matter on Monday already said HPE was set to secure approval for the deal announced in January. EU approves Hewlett Packard Enterprise's $14 billion Juniper deal Skip to ...
Their last pre-split acquisition in the enterprise networking segment was Aruba Networks in March 2015 for $3 billion. Within IT networking hardware and storage market segments, HP made acquisitions worth over $15 billion, including the 3PAR and 3COM acquisitions made in 2010, totaling over $5 billion.
Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California.The company develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology.
HPE offered $40 per share to Juniper shareholders, the companies said on Tuesday. The acquisition comes at a time when the AI gold rush has led companies to pour billions of dollars into upgrading ...
NetScreen Technologies was an American technology company that was acquired by Juniper Networks for US$4 billion stock for stock in 2004. [1] [2]NetScreen Technologies developed ASIC-based Internet security systems and appliances that delivered high performance firewall, VPN and traffic shaping functionality to Internet data centers, e-business sites, broadband service providers and ...