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Merger Notification - Announcement according to § 10 Cartel Act

Thoma Bravo, L.P.; Hornetsecurity GmbH - BWB/Z-6944 | Bundeswettbewerbsbehörde

Thoma Bravo, L.P.; Hornetsecurity GmbH

BWB/Z-6944

26.05.2025

On 26.05.2025 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Thoma Bravo, L.P. (USA) intends to indirectly acquire 100% of the shares in and sole control over Hornetsecurity GmbH (Germany). The concentration concerns software solutions.

ÖNACE Code: Computer programming activities.

K - TELECOMMUNICATION, COMPUTER PROGRAMMING, CONSULTING, COMPUTING INFRASTRUCTURE AND OTHER INFORMATION SERVICE ACTIVITIES K 62 - Computer programming, consultancy and related activities, K 62.1 - Computer programming activities, K 62.10 - Computer programming activities

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.07.2025.

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 18.06.2025 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 07.07.2025.

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 08.07.2025 .

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