- The United States Ministry of Justice has finally approved the control by HPE of the junior networks
- HPE must give in to the business and auction of a license
- European regulators approved the agreement in August 2024
The United States Ministry of Justice has settled its complaints against the acquisition of HPE of $ 14 billion in Juniper Networks, which means that the agreement could now proceed to the approval of the pending court.
However, HPE must adhere to certain conditions heavy enough to pacify regulators, in particular to disinvest its wireless networking activities “ `instantly ” and auction a license for the AI juniper operations for the MIST source code, which it uses in WLAN products.
However, the CEO of HPE, Antonio Neri, praised the news and confirmed that the agreement resolves the antitrust concerns in a joint declaration of HPE and Juniper.
The acquisition of Juniper from Hpe given the green light
“Our agreement with the DoJ opens the way to conclude the acquisition by Hpe de Juniper Networks and preserves the provided for this agreement for our customers and shareholders,” said Neri.
HPE hopes that joining its forces to juniper will allow him to contact “inherited networking solutions” by combining the hybrid, storage, calculation and software expertise of the two companies.
“This marks an exciting step forward in the satisfaction of a critical customer need – a complete portfolio of modern and secure networking solutions to connect their organizations and provide essential foundations for hybrid cloud and AI,” added Rami Rahim, CEO of Juniper Networks.
The chief of staff of the Ministry of Justice, Chad Mizelle, described the victory of “key legal victory” for the Antitrust department.
The news occurs almost a year after the European Commission approved the agreement for the first time – in August 2024, the regulators of European antitrust declared that the takeover “would not considerably reduce competition”.
With HPE Intelligent EDGE returned to decrease from $ 852 million in annual shift to $ 4.5 billion, the full turnover in 2024 juniper of $ 5.1 billion could strengthen HPE position on the market.
For the future, HPE had 180 days to instantly disintegrate where it risks faced new measures.
