DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.

The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.

Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR) today responded to the filing of a complaint by the U.S. Department of Justice seeking to prohibit closing of HPE’s propose

Hewlett Packard Enterprise Company (HPE) and Juniper Networks, Inc. Thursday addressed the U.S. Department of Justice's complaint

The DOJ sees the proposed acquisition of AI-native network company Juniper Networks as a way for HPE to scoop up a “smaller, innovative rival,” and further consolidate a market in enterprise networking.

DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' controlling more than 70 per cent of the US market for networking equipment

The Department of Justice has sued to block a merger involving Houston’s largest publicly traded software company a year after the deal was announced.

The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks, according to a complaint filed on Thursday in a federal court in California. Stocks of both the server maker and the networking gear vendor fell more than 3% in afternoon trading.

The US Department of Justice (DOJ) on Thursday filed a complaint in a court to block Hewlett Packard Enterprise’s $14 billion acquisition deal for Juniper Networks

The US Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on Thursday, the first attempt to stop a merger by a new Trump administration that is expected to take a softer approach to mergers.