Hey everyone,
I wanted to share some recent news about the HPE-Juniper acquisition and get your thoughts on it. Here's the latest:
The U.S. Department of Justice has filed a lawsuit to block HPE's $14 billion acquisition of Juniper Networks. They argue it would harm competition, especially in the WLAN market. HPE and Juniper strongly oppose this decision, calling it "misguided" and plan to fight it in court.
Both companies insist the merger would actually boost competition, innovation, and strengthen U.S. networking infrastructure. The deal has already been approved in 14 other jurisdictions, including the EU and UK.
With this lawsuit, the timeline is uncertain, though the current end date for the deal is set for October 2025.
What do you think about this situation? Good or bad for the industry? How do you see this playing out?
Curious to hear your thoughts!
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Looks like the legal process of the acquisition is happening at a faster pace than expected earlier. Also the state of the employees is uncertain till now. What do you think will happen to Juniper employees?? What's your take on this acq...
As it goes for any company acquisition, Juniper folks should be wary of massive layoffs coming their way.
https://www.cnbc.com/video/2024/01/09/hpe-to-buy-juniper-networks-in-14-billion-all-cash-deal.html
There is so much news of layoffs in many huge companies. I am feeling concerned about my future here at Hewlett Packard Enterprise (HPE). I joined recently only, so I am at high risk of getting laid off. Can someone please tell me the po...
