Quantum / ADIC [2006] IECompA m06029 (2 June 2006)
The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction.
- Parties
- Acquirer: Quantum Corporation; Target: Advanced Digital Information Corporation; Investor: Cambridge Business Expansion Fund Ltd; Shareholders: Existing shareholders in the investee company
- Jurisdiction
- Ireland
- Judgment Date
- 02 June 2006
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Media Merger, IT Sector
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Parties
Quantum Corporation
Acquirer
Advanced Digital Information Corporation
Target
Cambridge Business Expansion Fund Ltd
Investor
Existing shareholders in the investee company
Shareholders
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the relevant market
Ratio Decidendi
The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction.
Court Disposition
cleared
Orders
- The proposed acquisition by Quantum Corporation of Advanced Digital Information Corporation is cleared.
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