The UK’s Competition and Markets Authority has opened an investigation into whether Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks (JNPR) could create competition concerns.
Hewlett Packard Enterprise chief executive officer Antonio Neri joins industry Domination to break down the details of the probe and give insight into how the acquisition will be a tailwind for company.
Neri lays out how the probe will proceed: “We work with the regulator in the UK and basically we work with them to file our approval for the transaction, a standard process. In the UK, you have 60 days to go through that process and the last day for the regulators to come back to us, we are very well engaged is August 14th. So this is standard regulatory process and we are very excited because that means we are in the timelines.”
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