M/10/002 – One Equity Partners / GENBAND Inc / CVAS Business
Transaction details
The Competition Authority on 8 February 2010 has cleared the proposed transaction whereby One Equity Partners III L.P. would acquire sole control of Genband Inc. USA and certain assets of Nortel Networks Inc. and certain affiliates.
| Notification date | Decision date |
|---|---|
| Friday January 22, 2010 | Monday, February 8, 2010 |
| Parties Involved | Business activities |
|---|---|
| One Equity Partners III, L.P. | OEP: is a private equity partnership which makes equity investments in a broad range of business sectors. |
| GENBAND Inc. USA | GENBAND: offers switching and routing equipment, in particular it sells softswitches, media gateways and session border controllers, which are hardware devices. The products are used by fixed and mobile network providers. |
| CVAS Business | CVAS Business: offers switching and routing equipment, in particular it sells softswitches, media gateways as well as TDM (time-division multiplexing) switches, and provides network implementation services and related support. |
| Economic sector | Media merger |
|---|---|
| Switching and routing hardware as well as software solutions for fixed and mobile networks. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, February 1, 2010 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Ms. Victoria Balageur | Tel: 01-804 5451. email: vb@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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