Reported 8 months ago
Britain's competition regulator is investigating Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks to determine if it raises competition concerns. The probe by the Competition and Markets Authority is expected to conclude by Aug. 14, scrutinizing HPE's plans to enhance its AI offerings through the purchase. HPE aims to expand its networking business significantly amid the AI industry's growth, while Juniper and HPE have yet to respond to requests for comments. The U.S. market remained closed on the Juneteenth holiday during this investigation.
Source: YAHOO