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Hewlett Packard Enterprise’s $14 Billion Juniper Acquisition Under Review by U.K. Regulators

Hewlett Packard Enterprise’s $14 Billion Juniper Acquisition Under Review by U.K. Regulators

The deal, announced in January, would see HPE acquire Juniper for $40 per share in cash, or some $14 billion. Juniper is a provider of networking hardware, where it competes with the likes of Cisco Systems and Arista Networks HPE also has a networking business, called Aruba, but is currently more focused on enterprise cloud-computing hardware and services. The deal is a bet on the growing importance of networking in the artificial-intelligence age, HPE’s CEO Antonio Neri told Barron’s after the deal announcement.