Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

EU approves Hewlett Packard Enterprise's $14 billion Juniper deal

The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.

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.

It said the merged company's market position would remain moderate, while it would continue to face competition from a wide range of competitors.

People familiar with the matter on Monday already said HPE was set to secure approval for the deal announced in January.

The takeover underscores the rush by companies to upgrade and develop new products amid a sharp rise in artificial intelligence-driven services.

The deal is also being assessed by Britain's antitrust enforcer, with a decision due on Aug. 14.

Read more on cnbc.com
DMCA