Hewlett Packard set for unconditional EU nod for US$14 billion Juniper deal: sources

HEWLETT Packard Enterprise (HPE) is expected to secure unconditional European Union antitrust approval for its US$14 billion acquisition of networking gear maker Juniper Networks, sources familiar with the matter said.

HPE announced the deal in January, underscoring the rush by companies to upgrade and develop new products amid a sharp rise in artificial intelligence-driven services.

The European Commission, which is scheduled to decide on the deal by Aug 1, declined to comment.

HPE and Juniper did not immediately respond to requests for comment. Hewlett Packard declined to comment.

HPE was expected to underline the power of market leader and Juniper rival Cisco to allay any possible EU competition concerns, other sources with direct knowledge of the matter had previously said.

The deal is also being assessed by Britain’s antitrust enforcer, with a decision due on Aug 14. REUTERS