HPE, Juniper networks under scrutiny amid potential DOJ acquisition block
The $3 billion deal, which has already received unconditional approvals from regulators in the EU, UK, India, South Korea, and Australia, remains under review by the DOJ. During HPE’s most recent earnings call, management indicated that the acquisition is expected to close in early 2025, a slight delay from initial expectations of late 2024.
DOJ files suit to block Juniper acquisition by HP Enterprise
The Justice Department filed a complaint in federal court in California seeking to block HP Enterprise’s (HPE) planned acquisition of Juniper
Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
U.S. government regulators sued to block Hewlett Packard Enterprise’s $14 billion acquisition of rival Juniper Networks on Thursday, saying the combination would eliminate competition, raise prices and reduce innovation.
Juniper Networks sinks after DOJ sues to block $14B sale to Hewlett Packard Enterprise
Juniper Networks (JNPR) falls 2.3% as Dept. of Justice sues to block sale to Hewlett Packard Enterprise (HPE), citing concerns about competition in
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.
HPE, Juniper Networks Shares Slide After DOJ Sues to Block $14B Deal
Shares of HPE have gained 37% in the past year, while shares of Juniper have fallen 7.9% during the same period. The DOJ said that the companies' proposed transaction would eliminate competition, resulting in higher prices,
US Justice Department blocks Juniper sale to HPE
After months of handwringing, the US Justice Department today sued to block the $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The department said the reduced competition in the wireless market was specifically the biggest problem with the buy.
US Justice Department sues to block HPE’s $14B acquisition of Juniper Networks
U.S. prosecutors are seeking to block the deal citing antitrust concerns. © 2024 TechCrunch. All rights reserved. For personal use only.
U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected ...
Evercore ISI maintains HP Enterprise stock with $22 target
Evercore ISI reaffirmed its In Line rating and $22.00 price target for HP (NYSE:HPQ) Enterprise (NYSE:HPE), a prominent ...
Why Hewlett Packard Enterprise (HPE) is a Top Momentum Stock for the Long-Term
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HPE investigates breach as hacker claims to steal source code
Hewlett Packard Enterprise (HPE) is investigating claims of a new breach after a threat actor said they stole documents from ...
HPE investigating security breach after hacker claims theft of sensitive data
Hewlett Packard Enterprise is investigating a data breach after a well-known hacker claimed to have stolen sensitive information from the company. The hacker, who uses the alias “IntelBroker,” claims ...
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DOJ Challenge To HPE-Juniper Would Derail ‘Formidable’ Cisco Alternative: Partners
Here’s a look at why partners say a U.S. Department of Justice challenge to Hewlett Packard Enterprise’s $14 billion ...