Reported 8 months ago
The UK's Competition and Markets Authority is investigating Hewlett Packard Enterprise's (HPE) proposed $14 billion purchase of Juniper Networks to determine if it raises competition concerns. HPE CEO Antonio Neri explains that they are working with UK regulators on the standard approval process, with a deadline of August 14th, and remains optimistic about meeting the timeline for closing the deal by the end of 2025. Neri emphasizes the potential benefits of the acquisition, expecting it to significantly boost the networking business and streamline network management, leveraging A I technology.
Source: YAHOO