IBM / Kenexa [2012] IECompA m12019 (20 September 2012)

IBM / Kenexa [2012] IECompA m12019 (20 September 2012)

The Competition Authority found no evidence that the merger would substantially lessen competition in the IT and recruiting solutions sector and cleared the transaction.

Parties
Acquirer: IBM Corporation; Target: Kenexa Corporation
Jurisdiction
Ireland
Judgment Date
20 September 2012
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Market Impact, IT Sector

Case Brief

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Parties

IBM Corporation

Acquirer

Kenexa Corporation

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of Kenexa by IBM would substantially lessen competition in the relevant markets

Ratio Decidendi

The Competition Authority found no evidence that the merger would substantially lessen competition in the IT and recruiting solutions sector and cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition of Kenexa Corporation by IBM Corporation is cleared under Phase 1.