IGate _ Patni Computer Systems (Information Technology) [2011] IECompA M11002 (14 January 2011)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition and therefore cleared the transaction.

Citation: [2011] IECompA M11002
Parties: Acquirer: iGate Corporation; Target: Patni Computer Systems Limited
Jurisdiction: Ireland
Judgment Date: 14 January 2011
Procedural Posture: Merger Notification / Determination
Outcome: cleared
Legal Topics: Merger Control, Acquisition Clearance

Case Brief

Summary, issues, holding and outcome

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iGate Corporation

Acquirer

Patni Computer Systems Limited

Target

Merger Notification / Determination

1 Whether the proposed acquisition of Patni Computer Systems Limited by iGate Corporation would substantially lessen competition in the relevant market.

The Competition Authority determined that the proposed acquisition would not substantially lessen competition and therefore cleared the transaction.

cleared

The proposed acquisition by iGate Corporation of Patni Computer Systems Limited is cleared.