Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out.
Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.
The Justice Department has blocked Hewlett-Packard Enterprise Co.’s (HPE) proposed $14 billion takeover of a communications rival. According to a recent report, Juniper Networks Inc. (Juniper) has been the focus of the ongoing saga.
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 propose
The Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on Thursday.
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
The lawsuit said that the combination of businesses would eliminate competition, raise prices and reduce innovation.
The US Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on Thursday, the first attempt to stop a merger by a new Trump administration that is expected to take a softer approach to mergers.
The US Department of Justice (DOJ) has filed a lawsuit in an effort to block Hewlett Packard Enterprise's (HPE) $14 billion acquisition of Juniper Networks.
More than a year ago, the server maker said that it would buy Juniper Networks for $14 billion in an all-cash deal.
IBM is hopeful of completing the $6.4 billion purchase of Hashicorp relatively smoothly given what Big Blue perceives to be a "more rational" and "pro-competition" regulatory environment.