UK CMA Starts Investigation into HPE's Acquisition of Juniper Networks

TapTechNews June 19th news, the UK Competition and Markets Authority (CMA) today announced the launch of an investigation into Hewlett-Packard Enterprise (HPE)'s acquisition of Juniper Networks.

From June 19th, 2024, to July 3rd, 2024: Soliciting opinions.

On June 19th, 2024: Initiated the merger investigation.

The deadline for the first stage decision on August 14th, 2024.

The CMA is considering whether the transaction would result in a substantial reduction in competition within any one or more markets for goods or services in the UK if it takes effect.

TapTechNews reported earlier that in January 2024, Hewlett-Packard Enterprise HPE announced a $14 billion (TapTechNews note: currently about 101.716 billion RMB) all-cash acquisition of Juniper Networks, which may be completed by the end of 2024 or early 2025, depending on regulatory approval.

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Hewlett-Packard Enterprise HPE Announces $14 Billion All-Cash Acquisition of Juniper Networks