Merger Notification - Announcement according to § 10 Cartel Act
ANSYS, Inc.; Bridgepoint; Safe Parent, Inc.
BWB/Z-6469
On 04.01.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ANSYS, Inc., USA, intends to acquire a non-controlling minority ownership in Safe Parent, Inc., USA, by purchasing 34.68% of Safe Parent, Inc.’s common stock on a fully diluted basis. Safe Parent, Inc. and its subsidiaries are mainly active under the Humanetics brand and provide hardware, software and data management solutions to enable their customers to design and test applications for human safety.
Business sectors concerned: Manufacture of other special-purpose machinery n.e.c.; Other information technology and computer service activities.
C - MANUFACTURING J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.02.2024.
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.
On 30.01.2024 the applicant requested the extension of the deadline for the submission of an application for examination by two weeks, pursuant to § 11 (1a) Cartel Act. The deadline for the submission of an application for examinations by the administrative authorities is extended by two weeks, thus ending on 15.02.2024.
Withdrawal of the Merger Application: The Applicant withdrew the Merger Application on 07.02.2024