Feb 11 (Reuters) - Juniper Networks ( JNPR ) denied the

allegations by the U.S. Department of Justice, after the agency

sued to block Hewlett Packard Enterprise's ( HPE ) $14 billion

all-cash takeover of the networking gear maker, according to a

court filing.

Last month, the DOJ argued in its complaint that the

proposed deal would stifle competition and lead to Cisco Systems ( CSCO )

and HPE controlling more than 70% of the U.S. market

for networking equipment.

The complaint does not correctly represent the market

dynamics for wireless network solutions and the companies'

rationale for the deal, Juniper said in a filing made to a

federal court in California on Monday.

There are more than eight companies offering wireless

networking solutions in the U.S., other than Juniper and HPE, it

said.

Cisco ( CSCO ) has had more than 50% of the market for the past 10

years, while HPE and Juniper have had a combined share of less

than 25% over the last three years, according to the filing.

The combined market share of HPE and Juniper are lower than

a level that would allow the DOJ to presume the deal as illegal,

it said.

The deal, announced more than a year ago, would boost

competition against Cisco ( CSCO ), Juniper said.

The DOJ's antitrust lawsuit marks the first since President

Donald Trump's second term in office.