Feeds

IBM takeover of Telelogic is cleared

Doesn't stifle competition

Website security in corporate America

EU competition regulators have approved IBM’s takeover of Swedish software company Telelogic.

The European Commission said in a statement that, following an anti-trust investigation that kicked off last October, “the transaction would not significantly impede effective competition.”

Big Blue had, through its wholly-owned Sweden-based subsidiary Watchtower AB, put forward a cash offer to Telelogic shareholders in June 2007, which was unanimously recommended by the firm’s board of directors.

EU regulators decided to investigate the €491m offer following concerns that IBM’s merger with Telelogic, which provides business process management software primarily to the aerospace and defence, telecommunications, and automotive industries, could stifle competition in that market.

EU competition commissioner 'Steelie' Neelie Kroes said in October: “After this transaction IBM would become by far the largest vendor of software development tools for software modelling and for requirements management.

“It is the commission’s duty to thoroughly analyse the effects of such a transaction and to ensure that it would not harm competition in the software development tools sector".

However, the EC today cleared the acquisition because the two firms’ products do not overlap as much as had been originally feared.

IBM said in a statement that Watchtower expects to complete the takeover early next month. ®

Protecting against web application threats using SSL

More from The Register

next story
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
'Windows 9' LEAK: Microsoft's playing catchup with Linux
Multiple desktops and live tiles in restored Start button star in new vids
iOS 8 release: WebGL now runs everywhere. Hurrah for 3D graphics!
HTML 5's pretty neat ... when your browser supports it
'People have forgotten just how late the first iPhone arrived ...'
Plus: 'Google's IDEALISM is an injudicious justification for inappropriate biz practices'
Mathematica hits the Web
Wolfram embraces the cloud, promies private cloud cut of its number-cruncher
Mozilla shutters Labs, tells nobody it's been dead for five months
Staffer's blog reveals all as projects languish on GitHub
SUSE Linux owner Attachmate gobbled by Micro Focus for $2.3bn
Merger will lead to mainframe and COBOL powerhouse
iOS 8 Healthkit gets a bug SO Apple KILLS it. That's real healthcare!
Not fit for purpose on day of launch, says Cupertino
Not appy with your Chromebook? Well now it can run Android apps
Google offers beta of tricky OS-inside-OS tech
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.