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Merger control
Case reference
CCENT/2010/22 - Symantec Corporation / VeriSign
Acquiring
Symantec Corporation
Description
a US-registered company that develops and supplies computer security solutions, computer applications for data storage management and server management, and the related services, all of which ensures the management and protection of electronic information belonging to public bodies, private enterprises and consumers.
Acquired
VeriSign, Inc
Description
a US-registered company that supplies Internet infrastructure management services guaranteeing the security of communications and e-commerce. The assets involved in the operation now notified are those associated at present with the authentication services segment.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G465 - Wholesale of information and communication equipment
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 28 May 2010, the present merger operation consists of the acquisition, by Symantec Corporation (Symantec), of exclusive control of a group of assets representing the identification and authentication software business of VeriSign Inc (VeriSign Assets).
Timeline
2010-07-22
Competition Authority Council adopts a ruling of non-opposition to Merger 22/2010 - Symantec Corporation / VeriSign.
2010-06-18
Publication of the announcement - Symantec Corporation (Symantec) notifies acquisition of exclusive control of a group of assets representing the identification and authentication software business of VeriSign Inc (VeriSign Assets).
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