US DOJ sues to block Hewlett Packard Enterprise's $14 billion Juniper deal


FILE PHOTO: Figurines with computers and smartphones are seen in front of Hewlett Packard Enterprise logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -The U.S. Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.

Shares of both the server maker and Juniper Networks closed about 2% lower. The antitrust lawsuit marks the first since President Donald Trump took office last week.

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