Merger Notification - Announcement according to § 10 Cartel Act
Navy Aggregator LP; AQ Software Parent
BWB/Z-6985
On 26.06.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Navy Aggregator LP, which is solely controlled by Navy Aggregator GP LLC, intends to acquire more than 50 % of ownership interest in and sole control of AQ Software Parent, LP, through holding the majority of the voting power of the board.
Economic Sector: Telecommunication, Software Development, IT Consulting, and Provision of other Information Technology and Computer Infrastructure Services Provision of information technology services; Provision of other information technology services
K - TELECOMMUNICATION, COMPUTER PROGRAMMING, CONSULTING, COMPUTING INFRASTRUCTURE AND OTHER INFORMATION SERVICE ACTIVITIES K 62 - Computer programming, consultancy and related activities, K 62.9 - Other information technology and computer service activities, K 62.90 - Other information technology and computer service activities
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.07.2025.
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.
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 25.07.2025 .