Justice Department Sues to Block Hewlett Packard Enterprise’s …
Jan 30, 2025 · The Justice Department today sued to block Hewlett Packard Enterprise Co.’s (HPE) proposed $14 billion acquisition of rival wireless local area network (WLAN) technology provider Juniper Networks Inc. (Juniper). HPE and Juniper are the second- and third- largest providers, respectively, of enterprise-grade WLAN solutions in the United States.
DOJ sues to block Hewlett Packard Enterprise’s $14 billion
Jan 30, 2025 · The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition ...
Jan 30, 2025 · The United States of America brings this civil action to prevent Hewlett Packard Enterprise Company (“HPE”) from acquiring a smaller , but innovative rival, Juniper Networks, Inc. (“Juniper”).
On January 30, 2025, the Department of Justice (“DOJ”) sued to block Hewlett Packard Enterprise Co.’s (“HPE”) proposed $14 billion acquisition of Juniper Networks Inc. (“Juniper”) in the Northern District of California. 1 This is the first antitrust suit brought by the DOJ since President Trump took office on January 20, 2025.
Hewlett Packard Enterprise and Juniper Networks strongly …
Jan 30, 2025 · HOUSTON & SUNNYVALE, Calif. – January 30, 2025 – Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR) today responded to the filing of a complaint by the U.S. Department of Justice seeking to prohibit closing of HPE’s proposed acquisition of Juniper:
The US Justice Department sues Hewlett Packard to block $14 …
Jan 30, 2025 · The Justice Department deemed the potential deal "presumptively unlawful" and an "increase concentration in an already consolidated relevant market for enterprise-grade WLAN solutions." One year ago, Hewlett Packard announced it was buying Juniper Networks for $40 per share. The goal was to double Hewlett Packard's networking business and ...
US DOJ sues to block Hewlett Packard Enterprise's $14 billion …
Jan 30, 2025 · The U.S. Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire networking gear maker Juniper Networks , arguing that it would stifle competition,...
US DOJ Sues to Block Hewlett Packard Enterprise's $14 ... - U.S.
Jan 30, 2025 · (Reuters) -The U.S. Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle ...
US Justice Department sues to block HPE’s $14 billion Juniper buy
Jan 30, 2025 · After months of speculation, the U.S. Justice Department today sued to block the $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The DOJ said reduced competition in the ...
Justice Department sues to block $14 billion acquisition by Hewlett …
Jan 30, 2025 · Justice Department sues to block $14 billion acquisition by Hewlett Packard Enterprise. The DOJ sees the proposed acquisition of AI-native network company Juniper Networks as a way for HPE to...