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EU Commission Approves HPE Acquisition of Juniper Networks
2024-08-01 19:55:08
Technology
Business

EU Commission Approves HPE Acquisition of Juniper Networks

The EU Commission has given the green light to HPE's $14 billion acquisition of Juniper Networks. The merger, not expected to reduce competition significantly, will keep the merged entity's market position moderate in WLAN equipment, WAPs, and Ethernet campus switches.

Customers possess considerable buying power. No anti-competitive practices are anticipated in the EEA.

The main competitors are Cisco, Arista, and Huawei. Juniper's cloud offerings are seen as a good fit for HPE, with both companies aiming to capitalize on the AI trend.

The deal is set to be finalized by late 2024 or early 2025, following Brazil's unconditional approval and pending a UK review.

The press radar on this topic:

heise online
1. August 2024 um 18:54

Networks: EU Commission allows HPE to acquire Juniper | heise online

Economy
Finance
Technology
The EU Commission has approved HPE's acquisition of Juniper Networks without conditions. The merger will not significantly reduce competition; the position of the merged company remains moderate in WLAN equipment, WAPs and Ethernet campus switches. Customers have countervailing buying power. No anti-competitive bundling or tying practices in the EEA. The biggest competitor is Cisco, followed by Arista and Huawei. Juniper's cloud offerings are likely to fit well with HPE. Together, the two comp..
heise online
1. August 2024 um 18:54

Networks: EU Commission Allows HPE to Acquire Juniper | heise online

Economy
Finance
Technology
The EU Commission has approved HPE's acquisition of Juniper Networks without conditions. The merger will not significantly reduce competition; the position of the merged company remains moderate. Customers have compensating countervailing buyer power. No anti-competitive bundling or tying practices in the EEA. The acquisition is expected to be completed by the end of 2024/early 2025.
TechCrunch
1. August 2024 um 10:19

EU greenlights HPE’s $14B Juniper Networks acquisition

Economy
Technology
Finance
EU approves HPE's $14B acquisition of Juniper Networks; deal combines networking, IT infrastructure, and cloud/AI capabilities; faces UK review after Brazil's unconditional clearance; EU concluded transaction would raise no competition concerns in European Economic Area.
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