HPE and Juniper confirm merger deal

• HPE's $14 billion acquisition of Juniper Networks has now completed
• EU and UK approval came quickly, US approval not so much
• The networking business could account for 50% of revenue

More than 18 months after HPE initially disclosed plans to acquire Juniper Networks, and several regulatory hurdles later, the merger has now been completed.

With Juniper's shares ceasing trading on the NYSE and HPE's networking business set to double, HPE hopes the $14 billion acquisition will allow it to focus on higher-margin, higher-growth areas, creating "long-term profitable revenue growth."

The news comes shortly after the US Department of Justice approved the merger, subject to two key conditions which require HPE to divest its Instant On business and auction a license for Juniper’s AI Ops for Mist source code.