Reported about 9 hours ago
The US Department of Justice has filed a lawsuit to prevent Hewlett Packard Enterprise from acquiring Juniper Networks for $14 billion, claiming the merger would drastically reduce competition in the networking equipment market. This lawsuit, the first since President Trump took office, asserts that the deal would leave only Cisco and HPE with over 70% of the market share, stifling innovation and consumer choice. Both companies intend to defend the acquisition, arguing it would enhance their ability to compete globally.
Source: YAHOO