Judge Affirms HPE's $14 Billion Acquisition of Juniper Networks
A judge has upheld a settlement allowing Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks, despite opposition from states claiming the agreement was corrupt. This follows a previous lawsuit by the Trump administration aimed at blocking the deal over competition concerns. HPE has now secured court approval for its settlement with the US Justice Department, overcoming challenges from Democratic state attorneys general.
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Judge Affirms Settlement Allowing HPE’s Deal for Juniper
States had opposed an agreement allowing a Hewlett Packard Enterprise acquisition, calling the settlement ineffective and corrupt. Last year, the Trump administration sued to block Hewlett Packard Enterprise, led by Antonio Neri, above, from buying Juniper Networks for $14 billion, saying the deal would harm competition.
HPE Wins Approval for DOJ Settlement on Juniper WiFi Deal
Hewlett Packard Enterprise Co. secured court approval for its settlement with the US Justice Department over its takeover of networking company Juniper Networks Inc., defeating a challenge by a group of Democratic state attorneys general who alleged the settlement was inadequate and the result of improper lobbying.