Fair trade regulator CCI on Wednesday approved the US-based Hewlett Packard Enterprise Company’s proposal to acquire Juniper Networks, Inc.
SAM represented Juniper Networks, Inc. in securing an unconditional approval from the Competition Commission of India for Hewlett Packard Enterprise Company’s USD 14 billion acquisition of Juniper Networks Inc.
This is one of the largest transactions in the global networking solutions space.
SAM’s comprised of Partners Aparna Mehra and Ritwik Bhattacharya Senior Associate Kshitij Sharma and Associates Karan Arora and Ashlesha Singhal.
HPE specialises in business information technology, offering infrastructure products to support the IT systems of customers, related software to automate and simplify IT operations, and cloud solutions as a service.
“The proposed combination pertains to the acquisition by Hewlett Packard Enterprise Company (HPE) of 100 per cent of the outstanding shares of, and sole control over, Juniper Networks, Inc.
(Inputs from PTI and SAM’s post)
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