BRUSSELS, July 29 (Reuters) - Hewlett Packard Enterprise ( HPE )
is expected to secure unconditional EU antitrust
approval for its $14 billion acquisition of networking gear
maker Juniper Networks ( JNPR ), 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. HPE and Juniper did not
immediately respond to requests for comment.
HPE was expected to underline the power of market leader and
Juniper rival Cisco ( CSCO ) to allay any possible EU
competition concerns, other people with direct knowledge of the
matter had previously told Reuters.
The deal is also being assessed by Britain's antitrust
enforcer, with a decision due on Aug. 14.