IBM / Ascential [2005] IECompA m05011 (24 March 2005)

IBM / Ascential [2005] IECompA m05011 (24 March 2005)

The acquisition does not raise competition concerns and is therefore cleared under Irish merger control law.

Parties
Acquirer: IBM Corporation; Acquirer Subsidiary: Ironbridge Acquisition Corporation; Target: Ascential Software Corporation
Jurisdiction
Ireland
Judgment Date
24 March 2005
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Outcome
Cleared
Legal Topics
Merger Notification, Media Merger, Data Integration Software
Competition Law Merger Control Merger Notification Media Merger Data Integration Software

Case Brief

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Parties

IBM Corporation

Acquirer

Ironbridge Acquisition Corporation

Acquirer Subsidiary

Ascential Software Corporation

Target

Procedural Posture

Merger Notification / Phase 1 Preliminary Investigation

Legal Issues

  1. 1 Whether the proposed acquisition of Ascential by IBM through Ironbridge raises competition concerns under Irish merger control law.

Ratio Decidendi

The acquisition does not raise competition concerns and is therefore cleared under Irish merger control law.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved and may proceed.