{
}
The U.S. Department of Justice has initiated a lawsuit against HPE over its proposed $14 billion acquisition of Juniper Networks, claiming it could stifle competition. HPE argues that the deal would enhance competition against Cisco and Huawei, as the WLAN market is already dominated by Cisco, which holds a 50% share. With 14 other jurisdictions approving the acquisition, HPE believes the DOJ's challenge is unlikely to succeed, warning that blocking the deal could increase U.S. reliance on Chinese technology.
Siân Morgan
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
HPE defends Juniper acquisition amid DOJ lawsuit and competition concerns
United States Dollar
Juniper Networks, Inc.
Ciscom Corp.
CHN
USA
GBR
Joe Biden
Donald Trump
Ron Westfall
Siân Morgan
Show more
11:11 14.02.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
CEO Changes
Finance Mergers & Acquisitions
Startups & Entrepreneurship
Banking Regulations
Industry Mergers & Acquisitions
Global Financial Events
Market Analysis and Predictions
Retail and Consumer Goods
Financial Scams and Security
Cryptocurrency Trends
Government Economic Policies
Supply Chain Management
Government Policies
Real Estate Investments
Domestic Politics
Global Trade Developments
Fintech Startups
Countries:
Companies:
Berkshire Hathaway Inc.
Apple Inc.
The Goldman Sachs Group, Inc.
Barclays plc
UBS Group AG
Virgin Atlantic Ltd.
Jefferies Financial Group Inc.
ING Groep N.V.
Opec
Riyad Bank
Value Line, Inc.
Google Inc.
Wholesale Investor UK
Scalare Partners Holdings Limited
Dropbox, Inc.
Airbnb, Inc.
DEUTSCHE BANK AG
Globalfoundries Inc.
JP Morgan Chase Bank, NA N.A.
Getty Images Inc.
Currencies:
United States Dollar
Swiss Franc
Euro
British Pound Sterling
Egyptian Pound
United Arab Emirates Dirham
Indian Rupee
Australian Dollar
Malaysian Ringgit
Brazilian Real
Saudi Riyal
Iraqi Dinar
Algerian Dinar
Indonesian Rupiah
Vietnamese Đồng
Thai Baht
Singapore Dollar
People: