U.S. intelligence officials intervened with the Department of Justice to push through a merger between Hewlett Packard and Juniper Networks, Axios reported, citing Trump administration officials.
The intelligence community persuaded the Justice Department to approve Hewlett Packard’s $13 billion takeover of Juniper, arguing it was essential to helping businesses compete with China’s Huawei Technologies, Axios reported.
“In light of significant national security concerns, a settlement … serves the interests of the United States by strengthening domestic capabilities and is critical to countering Huawei and China,” a senior national security official told Axios.
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