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By Foo Yun Chee
BRUSSELS (Reuters) -Hewlett Packard Enterprise (HPE) is anticipated to safe unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks (NYSE:), individuals aware of the matter mentioned.
HPE introduced the deal in January, underscoring the frenzy by firms to improve and develop new merchandise amid a pointy rise in synthetic intelligence-driven providers.
The European Fee, which is scheduled to resolve on the deal by Aug. 1, declined to remark.
HPE declined to remark. Juniper didn’t reply to requests for remark.
HPE was anticipated to underline the ability of market chief and Juniper rival Cisco (NASDAQ:) to allay any potential European Union competitors issues, different individuals with direct data of the matter had beforehand instructed Reuters.
The deal can be being assessed by Britain’s antitrust enforcer, with a call due on Aug. 14.
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