The UK Competition and Markets Authority kicked-off a preliminary investigation into the potential ramifications of Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks.
In a brief statement the regulator indicated it planned to look into whether the combination of the two companies would cut competition for goods and services in the UK market.
It is working to a deadline of 14 August to decide whether to refer the deal for a deeper investigation and is inviting comments from interested parties until 3 July.
Having announced the deal at the start of 2024, the bosses of the two companies extolled the benefits of the combination at MWC Barcelona 2024, highlighting deemed positives for customers in the telecommunications sector and beyond.
During that session HPE president and CEO Antonio Neri and Juniper Networks chief Rami Rahim pointed to the potential of the joint company in providing solutions to deal with increased power and performance requirements from infrastructure in the AI era.
In the company’s earnings call held on 4 June Neri said the deal was currently going through the regulatory process and is expected to close in line with an originally communicated estimate of the end of 2024 or early 2025.
In addition to getting through UK authorities, the deal will also have to be cleared by regulators in various other markets including the duo’s home country of the US.
The post UK regulator opens initial probe into HPE, Juniper deal appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip