Merger Notification - Announcement according to § 10 Cartel Act
Schneider Electric SE.; OSIsoft LLC.
BWB/Z-5105
On 20.11.2020 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified transaction concerns the planned indirect acquisition of 100% of the equity interests and sole control of oSlsoft, LLc USA by AVEVA Group plc, uK, a company in which Schneider Electric SE, France, is the majority and sole controlling shareholder.
ÖNACE: J 62.0 (Erbringung von Dienstleistungen der lnformationstechnologie)
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.12.2020.
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 19.12.2020 .