Prior notification of a concentration (Case M.8945 — Permira/Cisco (Target Businesses)) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2018-05-30
Institutions: European Commission
Subjects: digital technology, economic concentration, information technology industry, investment company, merger control, provision of services, television








C_2018185EN.01000601.xml










30.5.2018   


EN


Official Journal of the European Union


C 185/6





Prior notification of a concentration
(Case M.8945 — Permira/Cisco (Target Businesses))
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 185/07)

1.   
On 23 May 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Permira Holdings Limited (‘Permira’, UK),










—


Service Provider Video Software and Solutions (‘SPVSS’) business segments controlled by Cisco Systems, Inc (‘Cisco’, US).




Private equity funds which are ultimately controlled by Permira acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, sole control of Cisco's interest in the operations, assets and legal entities that comprise the Service Provider Video Software and Solutions (‘SPVSS’).
The concentration is accomplished by way of a purchase of assets.


2.   
The business activities of the undertakings concerned are:
—   for Permira: private equity business engaged in the provision of investment management services to a number of investment funds. Permira controls a number of portfolio companies which are active in a variety of sectors across a range of jurisdictions,
—   for Cisco's Service Provider Video Software and Solutions (‘SPVSS’): supplies digital technology and services, including video processing and recording solutions and cloud-based platform services, to digital pay-TV service providers and content providers.


3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.8945 — Permira/Cisco (Target Businesses)
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





Email: COMP-MERGER-REGISTRY@ec.europa.eu




Fax +32 22964301




Postal address:




European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.