HPE-Juniper deal comes a step closer with EU approval
EU could approve HPE-Juniper deal imminently
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
Hewlett PackardEnterprise (HPE) is expected to receive unconditional EU antitrust approval for its acquisition of Juniper Networks, according to sources familiar with the matter (viaReuters).
The European Commission, which is set to announce its decision on August 1, has not commented on the potential approval. Neither have HPE or Juniper.
That being said, Britain’s Competition and Markets Authority (CMA) has launched an initial investigation into the takeover, and the second phase of its investigation could come into play on August 14.
EU expected to approve HPE-Juniper acquisition
HPE hopes that the acquisition,first announced in January 2024, will strengthen its position in the market for AI and hybrid cloud applications by incorporating Juniper’s networking solutions.
The company could cite Cisco’s dominant market position as a counterargument against any competition concerns.
In the UK, the CMA’s initial review will determine if the acquisition warrants a more in-depth investigation. It’s unclear whether Europe’s decision could influence the CMA’s.
If HPE’s deal is approved and goes ahead, it would significantly expand the Texas-headquartered tech giant’s networking division. HPE also purchased Californian Aruba Networks for $3 billion in 2015.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
The Juniper deal has not been without scrutiny, though. Some have expressed concerns about reduced market options post-merger. The potential elimination of overlapping products between Juniper and Aruba could reduce options further.
With the right regulatory approval, HPE and Juniper’s merger could close by late 2024 or early 2025. HPE, which saw a modest 3% increase in quarterly revenue to $7.2 billion in the three months that ended April 30, could get a healthy boost following the takeover, while Juniper is expected to benefit from HPE’s broader reach.
More from TechRadar Pro
With several years’ experience freelancing in tech and automotive circles, Craig’s specific interests lie in technology that is designed to better our lives, including AI and ML, productivity aids, and smart fitness. He is also passionate about cars and the decarbonisation of personal transportation. As an avid bargain-hunter, you can be sure that any deal Craig finds is top value!
AI and other technologies can give your business a huge productivity boost - if you get on board quickly
The EU AI Act: What do CISOs need to know to strengthen AI security?
You can try new Apple Intelligence features like Genmoji, Image Playground, and ChatGPT in Siri today with launch of new public betas
