M/23/032 – Global Logic / Sidero Limited
Transaction details
The proposed acquisition by Global Logic Inc., through its wholly owned subsidiary, Bonus Technology, Inc., of Sidero Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday July 17, 2023 | Thursday, August 3, 2023 |
| Parties Involved | Business activities |
|---|---|
| Global Logic, Inc. | Global Logic’s core business is creating bespoke software for customers, which becomes the intellectual property of the customer. This software is typically embedded in the customer’s own products - for example, custom software used in cars, insulin pumps, or telecommunications equipment. |
| Sidero Limited | Sidero Limited is a software services company founded in 2013 comprising software developers, consultants and managed services personnel and is located in Athlone, Ireland. It opened a second office in Northern Ireland in 2022. Its services include consulting on software development and cloud investment projects, provision of "Teams as a Service" and managed services in relation to cloud infrastructure. Its experience is in large-scale software systems, legacy migration, cloud transformation, and automation. |
| Economic sector | Media merger |
|---|---|
| Information & Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, July 28, 2023 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Jason McGoldrick | Email: jasonmcgoldrick@ccpc.ie Phone: +353 86 084 1108 |
Media enquiries: communications@ccpc.ie
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