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Update: Hewlett Packard, Juniper Networks Shares Rise After Reaching Deal With US Justice Department to Resolve Antitrust Lawsuit
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Update: Hewlett Packard, Juniper Networks Shares Rise After Reaching Deal With US Justice Department to Resolve Antitrust Lawsuit
Jun 30, 2025 8:20 AM

11:00 AM EDT, 06/30/2025 (MT Newswires) -- (Updates to add stock moves in the headline and the first paragraph.)

Hewlett Packard Enterprise ( HPE ) shares climbed over 13% and Juniper Networks ( JNPR ) shares rose more than 8% in recent Monday trading after the companies said Saturday that they have reached a deal with the US Department of Justice to resolve an antitrust lawsuit against Hewlett's $14 billion proposed takeover of Juniper.

As part of the settlement, Hewlett Packard ( HPE ) has agreed to divest its global Instant On campus and branch business, the companies said. Hewlett Packard ( HPE ) will also "facilitate limited access to Juniper's advanced Mist AIOps technology" after the deal closes.

The settlement is subject to court approval.

Price: 20.88, Change: +2.47, Percent Change: +13.39

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