HPE-Juniper $14B Acquisition Cleared by DOJ After Settlement

 

HOUSTON & SUNNYVALE, Calif. — Hewlett Packard Enterprise (HPE) and Juniper Networks have resolved antitrust concerns with the U.S. Department of Justice (DOJ), clearing the final hurdle for HPE’s $14 billion acquisition of Juniper. The settlement, pending court approval, requires HPE to divest its global Instant On campus and branch networking business while permitting limited sharing of Juniper’s Mist AI technology post-close.

The agreement preserves the strategic value of the deal announced January 9, 2024, where HPE agreed to acquire Juniper for $40 per share in cash. HPE CEO Antonio Neri stated the merger "paves the way to close" while creating "greater competition in the global networking market." The combined entity aims to deliver modern AI-native networking solutions, positioning itself as a challenger to legacy providers by accelerating innovation across data center, cloud, and service provider segments.

Juniper CEO Rami Rahim emphasized the transaction addresses a "critical customer need" for secure, AI-driven infrastructure to support hybrid cloud transformations. The integration of HPE Aruba Networking and Juniper’s Mist AI platform is expected to streamline AI workload management and enhance user experiences from edge to cloud.

The DOJ settlement satisfies antitrust objections without altering financial terms. HPE’s forward-looking statements caution about integration risks and market uncertainties detailed in its SEC filings. The transaction is slated to close in Q3 2024, reshaping competitive dynamics in enterprise networking.

Source: HPE/Juniper joint release

This merger creates the first major alternative to legacy networking providers, accelerating AI-optimized infrastructure for enterprises amid growing demand for scalable cloud solutions.

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