The UK Competition and Markets Authority (CMA) and the European Commission (EC) have given the green light to HPE’s acquisition of Juniper Networks, clearing the way for its completion.
Hewlett Packard Enterprise (HPE) is close to completing its $14 billion acquisition of Juniper Networks , after clearing two major regulatory hurdles in Europe.
In June, the UK’s Competition and Markets
Authority (CMA) launch a comprehensive review of the deal to determ email data ine whether the merger would ruce competition in UK markets.
HPE CEO talks $14 billion acquisition deal of Juniper networks
Finally today, the CMA approv the acquisition without imposing additional conditions.
He said the merger would not create an entity with enough power to undermine competition in the country.
Following a detail analysis, the EC conclud that the merger would not represent a competitive risk in the European Economic Area.
The research focus on the markets for wireless local area network equipment, wireless access points, campus Ethernet switches, and data center switches.
The EC not that HPE and Juniper will continue to face significant competition in these sectors.
The merger, which is expect to close in early 2025, seeks to generate operational efficiencies and cost synergies worth an estimat $450 million annually.
This acquisition will allow HPE to position itself more
competitively in the field of networks and theartificial intelligence, setting a Cconsumer data new standard in the industry.
“So the first thing we have to do is a verification that will tell us if what we did gives us data that makes sense.
“Once it has been verifi, it has to be validat with data from the literatur that your audience e. In this case, what was done was to validate it with this database of nearly 950 athletes. Now comes the test,” he said.
Although the challenges are considerable, the company’s commit efficiency improvemen ological innovation could be a catalyst for its recovery and sustain growth in the near future.
