UK clears HPE's $14bn Juniper deal

7th Aug 2024 12:58

(Sharecast News) - Hewlett Packard Enterprise's $14bn acquisition of Juniper Networks, has been approved by the UK's competition regulator.

The Competition and Markets Authority had initially investigated whether the deal would cause a substantial lessening of competition in the UK. It was also given the green light by the European Union last week.

Juniper makes networking devices such as routers and switches.

Reporting by Frank Prenesti for Sharecast.com