HPE Settles DOJ Lawsuit, Paves Way for $14B Juniper Acquisition
Deal News | Jun 30, 2025 | EIN
Hewlett Packard Enterprise (HPE) has reached a settlement with the U.S. Department of Justice (DOJ) to proceed with its $14 billion acquisition of Juniper Networks. The DOJ had filed an antitrust lawsuit in February, concerned that the merger would heavily concentrate the U.S. networking equipment market between HPE and Cisco Systems. To gain DOJ approval, HPE is required to sell its Instant On business, which competes with several SMB-targeted wireless access point providers, to a DOJ-approved buyer. Moreover, HPE must license Juniper's Mist AIOps source code. These measures aim to maintain market competitiveness. The merger, if judicially approved, is expected to deliver strategic benefits and enhance HPE's competitive stance in AI networking against Cisco and other players.
Sectors
- Technology
- Telecommunications Equipment
Geography
- United States – The U.S. Department of Justice's antitrust lawsuit and settlement concerning HPE and Juniper Networks took place in the United States, which is a major location for the operations of both companies.
Industry
- Technology – The article discusses the acquisition deal involving HPE and Juniper Networks, both of which operate within the technology sector, specifically in networking and AI software.
- Telecommunications Equipment – Both HPE and Juniper Networks provide networking and telecommunications equipment, making this industry pertinent to the article.
Financials
- $14 billion – The acquisition value of Juniper Networks by HPE.
- $1.2 billion – Revenue generated by HPE's Intelligent Edge segment, which includes the Instant On business for the first quarter of 2025.
- $20.61 per share – HPE stock price after the settlement was announced.
- $39.93 per share – Juniper Networks stock price after the settlement was announced.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hewlett Packard Enterprise (HPE) | Bidding Company | Company | An American multinational enterprise information technology company pursuing the acquisition of Juniper Networks. |
| Juniper Networks | Target Company | Company | A company that designs and markets networking products and services, being acquired by HPE. |
| U.S. Department of Justice (DOJ) | Government | Government | The DOJ filed an antitrust lawsuit to block the HPE-Juniper merger but reached a settlement allowing the transaction to proceed with conditions. |
| Cisco Systems | Other Company | Company | A major competitor in the networking equipment market, mentioned in relation to how the merger affects market dynamics. |
| Ron Westfall | Other Person | People | An analyst at HyperFrame Research, provided insights on the deal's implications. |
| Michael McDowell | Other Person | People | Principal analyst at Nand Research, commented on the strategic aspects of the settlement. |
| Will Townsend | Other Person | People | Vice President at Moor Insights & Strategy, provided analysis on the settlement ending distractions for HPE. |