financetom
Business
financetom
/
Business
/
US states can intervene to challenge HPE's $14 billion Juniper acquisition
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US states can intervene to challenge HPE's $14 billion Juniper acquisition
Nov 18, 2025 6:36 PM

(Reuters) -A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise's ( HPE ) $14 billion acquisition of Juniper Networks, which the U.S. Department of Justice has proposed to settle and let the deal move forward, a judge said during a hearing on Tuesday.

U.S. District Judge Casey Pitts in San Jose, California said Colorado and other states can weigh in on the deal, but did not decide whether he will probe the circumstances under which it was reached.

An HPE spokesperson said the company disagrees with the ruling, but is confident "that an objective examination of the facts of this case will conclude that the settlement was reached appropriately."

Shortly after President Donald Trump took office in January, the DOJ sued to block the deal, alleging it would stifle competition and lead to only two companies - Cisco Systems and HPE - controlling more than 70% of the U.S. market for networking equipment.

The DOJ agreed to drop its claims in June ahead of a scheduled trial in exchange for HPE agreeing to license some of Juniper's AI technology to competitors and sell off a unit that caters to small and mid-sized businesses.

Colorado and a group of states have called on Pitts to probe the role lobbyists with ties to the Trump administration played in the settlement, and whether the proposal addresses the DOJ's initial concerns about the deal. Democratic lawmakers and some former Department of Justice attorneys have also criticized the settlement.

Last week, the DOJ proposed additional terms requiring that HPE sell its Instant On wireless networking business to a viable competitor and barring HPE from buying it back for ten years.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cisco Systems Insider Sold Shares Worth $2,036,057, According to a Recent SEC Filing
Cisco Systems Insider Sold Shares Worth $2,036,057, According to a Recent SEC Filing
Aug 20, 2025
03:32 AM EDT, 08/20/2025 (MT Newswires) -- Charles Robbins, Director, Chair and Chief Executive Officer, on August 15, 2025, sold 30,557 shares in Cisco Systems ( CSCO ) for $2,036,057. Following the Form 4 filing with the SEC, Robbins has control over a total of 639,000 common shares of the company, with 639,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/858877/000085887725000093/xslF345X05/wk-form4_1755644468.xml ...
Meta Platforms Insider Sold Shares Worth $19,395,767, According to a Recent SEC Filing
Meta Platforms Insider Sold Shares Worth $19,395,767, According to a Recent SEC Filing
Aug 20, 2025
03:30 AM EDT, 08/20/2025 (MT Newswires) -- Susan J Li, Chief Financial Officer, on August 15, 2025, sold 25,207 shares in Meta Platforms ( META ) for $19,395,767. Following the Form 4 filing with the SEC, Li has control over a total of 107,129 Class A common shares of the company, with 107,129 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1326801/000095010325010475/xslF345X05/dp233181_4-li.xml ...
Meta Platforms Insider Sold Shares Worth $2,443,599, According to a Recent SEC Filing
Meta Platforms Insider Sold Shares Worth $2,443,599, According to a Recent SEC Filing
Aug 20, 2025
03:31 AM EDT, 08/20/2025 (MT Newswires) -- Javier Olivan, Chief Operating Officer, on August 15, 2025, sold 3,129 shares in Meta Platforms ( META ) for $2,443,599. Following the Form 4 filing with the SEC, Olivan has control over a total of 123,864 Class A common shares of the company, with 13,128 shares held directly and 110,736 controlled indirectly. SEC...
Cardinal Health Insider Sold Shares Worth $5,666,833, According to a Recent SEC Filing
Cardinal Health Insider Sold Shares Worth $5,666,833, According to a Recent SEC Filing
Aug 20, 2025
03:28 AM EDT, 08/20/2025 (MT Newswires) -- Jessica L Mayer, Chief Legal and Compliance Officer, on August 15, 2025, sold 38,078 shares in Cardinal Health ( CAH ) for $5,666,833. Following the Form 4 filing with the SEC, Mayer has control over a total of 48,457 common shares of the company, with 48,457 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/721371/000072137125000094/xslF345X05/wk-form4_1755645540.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved