US DOJ moves to block HPE acquisition of Juniper Networks
The US Department of Justice (DOJ) has filed a lawsuit to prevent Hewlett Packard Enterprise's (HPE) proposed $14bn deal to acquire rival Juniper Networks. HPE agreed to acquire networking gear maker Juniper Networks in an all-cash deal for $40 per share, valuing the latter at about $14bn, in January 2024.
DOJ sues to block HP Enterprise from buying Juniper Networks
The Justice Department on Thursday sued to block Hewlett Packard Enterprise from buying Juniper Networks for $14 billion. Why it matters: This is the first antitrust case filed by the Trump administration,
US Justice Department sues to block HPE’s $14 billion Juniper buy
DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.
Hewlett Packard Enterprise Shares Fall As US Department Of Justice Sues To Block Juniper Acquisition
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.
Justice Department sues to block HPE’s $14B Juniper acquisition
The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.
Hewlett Packard Enterprise And Juniper Networks Oppose DOJ's Lawsuit To Block Acquisition
Hewlett Packard Enterprise Company (HPE) and Juniper Networks, Inc. Thursday addressed the U.S. Department of Justice's complaint
Department of Justice sues to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper
The Department of Justice has sued to block a merger involving Houston’s largest publicly traded software company a year after the deal was announced.
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 scoop up a “smaller, innovative rival,” and further consolidate a market in enterprise networking.
HP Enterprise, Juniper ‘oppose’ DOJ’s decision to file suit to block deal
Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) responded to the filing of a complaint by the U.S. Department of Justice seeking
US DOJ sues to block Hewlett Packard Enterprise's $14 billion Juniper deal
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, according to a complaint filed on Thursday.
US Sues to Stop HPE $14 Billion Deal to Buy Juniper Networks ()
The US Justice Department sued to block Hewlett Packard Enterprise Co.’s $14 billion acquisition of Juniper Networks Inc., arguing the tie-up would harm competition in the market for enterprise wireless equipment used by large companies,
Justice Department Sues to Block Hewlett Packard Enterprise’s Bid for Juniper Networks
WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a ...
Hewlett Packard Enterprise Co. stock underperforms Monday when compared to competitors
Hewlett Packard Enterprise Co. closed 6.93% below its 52-week high of $24.66, which the company reached on January 22nd.
A Hewlett Packard exec sent a dramatic ‘KILL MIST’ email during its aggressive campaign to crush a rival, court docs revealed. Now HP wants to buy it for $14 billion
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
HPE, Juniper met with DOJ as the regulator prepares potential lawsuit - report
Dept. of Justice may sue to block HPE's acquisition of Juniper Networks due to concerns over competition with Cisco.