JNPR - European Commission To Decide On Hewlett Packard Enterprise's $14B Juniper Networks Acquisition By August 1: Details | Benzinga
The European Commission regulators are reportedly set to decide by August 1 on whether to approve Hewlett Packard Enterprise Company’s (NYSE:HPE) $14 billion acquisition of Juniper Networks, Inc. (NYSE:JNPR).
Announced in January, the deal aims to enhance Hewlett Packard Enterprise’s artificial intelligence offerings and expand its networking business, reflecting the strategic focus on AI as a key growth driver for many firms. Reuters reported the expected date, citing a filing on the Commission’s website on Friday.
The European Commission, serving as the EU’s competition watchdog, may ...