Merger Notification - Announcement according to § 10 Cartel Act
IFS Americas, Inc.; Marathon Acquisition, lnc.
On 04.10.2017 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
IFS Americas, lnc. (Itasca, USA) intends to indirectly acquire sole control over Marathon Acquisition, lnc. (Neptune, USA) and its subsidiaries, including WorkWave LLC. The intended concentration concerns intuitive cloud-based Field Service Management Solutions, Fleet Management Solutions and Marketing Solutions.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.11.2017.
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 03.11.2017 .