Hewlett Packard Enterprise (HPE) announced its $14bn deal to buy Juniper Networks in January 2024It received European Commission approval in AugustBut the US

Read about Hewlett Packard Enterprise and Juniper Networks' response to a Justice Department move to block the proposed $14 billion all-cash acquisition deal between the companies.

The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.

WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a $14 billion deal that would join the second-largest and third-largest providers of wireless networking solutions for large corporate customers.

The Department of Justice has sued to block a merger involving Houston’s largest publicly traded software company a year after the deal was announced.

Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.

DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.

The U.S. Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.