Big news about companies and their deals! The U.S. government tried to stop a big company, Hewlett Packard Enterprise (HPE), from buying another company, Juniper Networks (JNPR), for $14 billion. The government worried this would make HPE and Cisco control most of the market for computer network equipment, which could hurt competition.
- HPE wanted to buy JNPR to become a bigger competitor to Cisco.
- The U.S. government thought this deal would hurt competition because fewer companies would provide networking equipment.
- Juniper says there are already many other companies making networking equipment, so the deal wouldn't be bad.
| Fact | Number |
|---|---|
| HPE's offer to buy JNPR | $14 billion |
| Cisco's market share for the last 10 years | More than 50% |
| Combined HPE and Juniper market share | Less than 25% for the last 3 years |
