Defense tech startup Anduril has closed what will almost certainly end up being one of the largest funding rounds of the year: a $ 1.5 billion deal that values the company at $ 14 billion. Anduril has ambitions of becoming the next great American defense contractor, joining a class of companies that has shrunk to […]
After EU approval, UK clears HPE’s $14B Juniper Networks acquisition
Hewlett Packard Enterprise’s (HPE) planned $ 14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets Authority (CMA) has confirmed that the deal won’t face any further scrutiny. The CMA is yet to publish its full findings, but it has updated the deal’s case page to note […]
EU greenlights HPE’s $14B Juniper Networks acquisition
The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic Area.” The news comes a little more than a month after HPE notified the EC of the planned transaction. HPE first announced its intentions to dole out […]
UK probes HPE’s planned $14B Juniper Networks acquisition
The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA said it’s in the early stages of assessing whether the deal is likely to “result in a substantial lessening of competition within any market or markets in the United […]
Was HPE’s $14B Juniper acquisition a wise move?
When HPE announced its intention to acquire Juniper Networks for $ 14 billion in cold, hard cash earlier this month, it was a bit of a shock. Sure, HP had already bought Aruba in 2015 for around $ 3 billion. Grabbing another networking company would presumably just add another layer to that business. Of course, […]