Google Acquires Cybersecurity Specialist in a $32 Billion Deal
Google agreed to acquire cybersecurity company Wiz in a deal worth $32 billion.
Hewlett Packard Enterprise expects to gain unconditional European Commission approval for its $14 billion deal to buy Juniper Networks. However, the deal would still need to be cleared by regulators in the US and UK.
Citing anonymous sources, Reuters stated HPE is highlighting the presence of Juniper Networks rival Cisco as one of the reasons for alleviating antitrust concerns. The UK Competition and Markets Authority is considering whether combining the two companies would cut competition for goods and services in that country.
If the deal goes through, HPE could blend subsidiary Aruba Networks with Juniper Networks’ Mist AI platform to broaden its enterprise customer base and increase revenue. HPE and Juniper Networks previously stated they expected the transaction to close in late 2024 or early 2025.