The US Justice Department sued to block Hewlett Packard Enterprise Co.’s $14 billion acquisition of Juniper Networks Inc., arguing the tie-up would harm competition in the market for enterprise wireless equipment used by large companies,

The U.S. Justice Department has sued to block tech giant HPE from acquiring Juniper Networks, the networking firm, citing antitrust concerns.

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.