Tech

US Justice Department sues to block billion-dollar HPE-Juniper deal

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  • US DoJ says HPE-Juniper deal will come at the cost of competition
  • The companies say acquisition would give customers “greater innovation and choice”
  • European and British investigators have already given their approval

The US Department of Justice has filed a lawsuit to block HPE’s acquisition of Juniper Networks – a deal anticipated to be worth $14 billion – following a complaint filed with a US District Court for the Northern District of California.

The complaint alleges that HPE and Juniper, currently the second and third largest providers of enterprise-grade WLAN solutions in the US, would consolidate “well over” 70% of the market between them.

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