Quantum / ADIC [2006] IECompA m06029 (2 June 2006)

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

Case Brief

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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

  1. 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.