Merger Notification - Announcement according to § 10 Cartel Act
SAP SE; Concur Technologies, Inc.
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of sole control of Concur Technologies, Inc (USA) by SAP SE (Germany). The merger plan concerns the business segment software solutions in the travel management and in the travel management.
Industry sector: S - Erbringung von sonstigen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 31.10.2014.
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 31.10.2014 .