Merger Notification - Announcement according to § 10 Cartel Act

GLOBALFOUNDRIES U.S. Inc.; International Business Machines Corporation - BWB/Z-2517 | Bundeswettbewerbsbehörde

GLOBALFOUNDRIES U.S. Inc.; International Business Machines Corporation

BWB/Z-2517

02.12.2014

On the following merger was notified at the Federal Competition Authority:

Planned purchase process

​International Business Machines Corporation intends the transference of certain property objects of his microelectronics business division to GLOBALFOUNDRIES U.S. Inc., a 100%th indirect subsidiary from Mubadala Development Company PJSC. These property objects contain tools, inventory, contracts, works equipment and commercial equipment as well as intellectual property rights and technology. The planned transaction concerns microelectronics products (integrated switching circuits or semiconductors).

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.12.2014.

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 30.12.2014 .

back to list