JNPR, HPE Merger Faces Legal Scrutiny From U.S. Department of Justice

Juniper Networks, Inc. (JNPR) and Hewlett Packard Enterprise (HPE) are facing a lawsuit filed by the U.S. Department of Justice (DOJ) in the Northern District of California to prohibit HPE’s proposed acquisition of Juniper.BackgroundIn early 2024, HPE entered into a definitive agreement with Juniper to acquire the latter for approximately $14 billion in equity value. The strategic move involves integrating Juniper's comprehensive range of cloud-based networking solutions, software and services, including Mi ...