Read about Hewlett Packard Enterprise and Juniper Networks' response to a Justice Department move to block the proposed $14 billion all-cash acquisition deal between the companies.

The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.

The US Department of Justice (DOJ) has filed a lawsuit to prevent Hewlett Packard Enterprise's (HPE) proposed $14bn deal to acquire rival Juniper Networks. HPE agreed to acquire networking gear maker Juniper Networks in an all-cash deal for $40 per share, valuing the latter at about $14bn, in January 2024.