UK probes Hewlett Packard Enterprise's $14 bln deal for Juniper Networks
The Hindu
UK regulator investigates HPE's $14 billion Juniper Networks acquisition for potential competition concerns, decision due by Aug. 14.
Britain's competition regulator said on Wednesday it was investigating whether Hewlett Packard Enterprise's planned $14 billion acquisition of Juniper Networks would result in competition concerns in the country.
The Competition and Markets Authority has until Aug. 14 to decide whether it would refer the deal to a deeper probe.
Hewlett Packard Enterprise, or HPE, said in January it would buy networking gear maker Juniper to spruce up its artificial intelligence (AI) offerings.
HPE expects to double its networking business through the deal, which came as the AI gold rush has led companies to pour billions of dollars into upgrading and developing their technology.
(For top technology news of the day, subscribe to our tech newsletter Today’s Cache)
U.S.-based HPE and Juniper did not immediately respond to a Reuters' request for comment. The U.S. market is closed for the Juneteenth holiday. (Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'Souza)
Bengaluru commuters demand platform screen doors for safety, but high costs and engineering challenges hinder implementation on existing metro routes.
Madras HC to hear appeals on December 12 regarding the lighting of Mahadeepam at Thirupparankundram temple.
N. Ram warns that hate politics threatens India’s democracy, urging the South to remain a bastion against these forces.
Nanjil Sampath joins Vijay's Tamilaga Vettri Kazhagam, revitalizing his political career after six years away from party politics.
D.K. Shivakumar announces that five Blue Line stations will open once construction is completed, enhancing Bengaluru's airport connectivity.
Russia begins fuel shipments for Kudankulam's third reactor, enhancing efficiency and extending operational cycles for the nuclear power project.
Supreme Court urges governments to simplify administration, warning that excessive rules may lead to judicial review and citizen burdens.
Trinamool MP Shatabdi Roy's remarks on Bangla-speaking deportations spark protests in Lok Sabha, igniting a heated political debate.
Sunali Khatun returns to India with her son after six months in Bangladesh, following Supreme Court intervention.
Warangal will be developed on the lines of Hyderabad, says Revanth
Three-tier security measures and traffic restrictions are in place for the India-South Africa ODI match in Vizag.
A seven-year-old girl dies from severe dengue shock syndrome in Bengaluru, highlighting the challenges faced by migrant families in healthcare access.
DGP reviews security arrangements for Global Summit