Hewlett Packard set for unconditional EU nod for $14 bln Juniper deal, sources say

Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks, people familiar with the matter said.

HPE announced the deal in January, underscoring the rush by companies to upgrade and develop new products amid a sharp rise in artificial intelligence-driven services.

The European Commission, which is scheduled to decide on the deal by Aug. 1, declined to comment.