Hewlett Packard Enterprise (HPE) has received the approval from the EU Commission to buy rival enterprise networking supplier Juniper Networks for $14 billion.
The commission said its investigation had shown the deal would not significantly reduce competition in the markets for wireless local area network equipment and access points, ethernet campus switches and datacentre switches.
The merged company’s market position would remain moderate, while it would continue to face competition from a wide range of competitors, the commission said. Leading suppliers in enterprise networking business include Dell Technologies, Cisco, Lenovo, among others.
Britain’s antitrust regulator is current assessing the deal HPE and Juniper Networks. It will announce its decision on Aug. 14.
