Merger Notification - Announcement according to § 10 Cartel Act
Koninklijke Philips N.V.; Geschäftsbereich von Carestream Health, Inc; Algotec Systems Ltd.
BWB/Z-4382
On 10.04.2019 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Koninkliјkе Philips N.V. (Amsterdam / The Netherlands) intends to indirectly acquire (through selected Philips entities) healthcare information systems business of Carestream Health, Inc. (Rochester / USA) and all shares of Algotec Systems Ltd. (Ra´anana / Israel), a wholly-owned subsidiary of Carestream, by way of purchase of assets and shares. The proposed concentration concerns health enterprise imaging software.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.05.2019.
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 09.05.2019 .