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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 4:00 PM EDT

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To: Glenn Petersen who wrote (3349)1/30/2025 7:15:16 PM
From: Thomas M.   of 3350
 
Justice Department Sues to Block Hewlett Packard Enterprise’s Proposed $14 Billion Acquisition of Rival Wireless Networking Technology Provider Juniper Networks

Acting Assistant Attorney General Omeed A. Assefi of DOJ's Antitrust Division:

“HPE and Juniper are successful companies. But rather than continue to compete as rivals in the WLAN marketplace, they seek to consolidate — increasing concentration in an already concentrated market. The threat this merger poses is not theoretical. Vital industries in our country — including American hospitals and small businesses — rely on wireless networks to complete their missions. This proposed merger would significantly reduce competition and weaken innovation, resulting in large segments of the American economy paying more for less from wireless technology providers.”

justice.gov

Tom
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