UK CMA clears HPE’s $14bn acquisition of Juniper Networks
https://techmonitor.ai/technology/networks/uk-cma-clears-juniper-networks
The UK Competition and Markets Authority (CMA) has approved Hewlett Packard Enterprise (HPE)’s previously announced $14bn acquisition of network developer Juniper Networks. HPE offers open and intelligent technology solutions as a service while Juniper Networks delivers automation, security and AI solutions. The former’s offerings encompass cloud services, high-performance computing and AI, intelligent edge, software, and storage.
The British antitrust regulator’s clearance comes a week after the European Commission (EC) unconditionally granted approval for the merger. The EC, for its part, concluded that the merged entity’s market position would remain moderate as it related to the horizontal overlaps between the companies’ activities in WLAN equipment, WAPs, and Ethernet campus switches.