Apax/Sophos [2010] IECompA m10013 (10 May 2010)

Apax/Sophos [2010] IECompA m10013 (10 May 2010)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Apax Partners LLP; Target: Sophos Plc
Jurisdiction
Ireland
Judgment Date
10 May 2010
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Control, Media Merger, Security Software Market
Competition Law Merger Control Acquisition of Control Media Merger Security Software Market

Case Brief

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Parties

Apax Partners LLP

Acquirer

Sophos Plc

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control by Apax Partners LLP over Sophos Plc raises competition concerns in the relevant market.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Apax Partners LLP of sole control of Sophos Plc and its subsidiaries is cleared.