One Equity Partners -with- GENBAND Inc -with- CVAS Business (Switching and routing hardware as well as software solutions for fixed and mobile networks) [2010] IECompA M10002 (22 January 2010)

One Equity Partners -with- GENBAND Inc -with- CVAS Business (Switching and routing hardware as well as software solutions for fixed and mobile networks) [2010] IECompA M10002 (22 January 2010)

The Competition Authority found that the proposed transaction would not result in a substantial lessening of competition in any market for goods or services in the State.

Citation
[2010] IECompA M10002
Parties
Acquirer: One Equity Partners III L.P.; Target: Genband Inc. USA; Target Assets Seller: Nortel Networks Inc. and certain affiliates
Jurisdiction
Ireland
Judgment Date
22 January 2010
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Acquisition of Control, Media Sector Mergers
Competition Law Merger Control Merger Notification Acquisition of Control Media Sector Mergers

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Parties

One Equity Partners III L.P.

Acquirer

Genband Inc. USA

Target

Nortel Networks Inc. and certain affiliates

Target Assets Seller

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition by One Equity Partners III L.P. of sole control of Genband Inc. and certain assets of Nortel Networks Inc. is compatible with competition law requirements.

Ratio Decidendi

The Competition Authority found that the proposed transaction would not result in a substantial lessening of competition in any market for goods or services in the State.

Court Disposition

Cleared

Orders

  • The transaction is cleared under Phase 1 merger review.