Merger Notification - Announcement according to § 10 Cartel Act
Thoma Bravo, L.P.; Ping Identity Corporation
BWB/Z-6034
On 08.08.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Thoma Bravo, L.P. (USA) intends to indirectly acquire all shares in and sole control over Ping Identity Corporation (USA). The concentration concerns the software sector.
ÖNACE Code: Publishing of other software
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.09.2022.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 06.09.2022 .