CELEX: 32012M6675
Language: en
Date: 2012-11-08 00:00:00
Title: Commission Decision of 08/11/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6675 - GE / ACCENTURE / TALERIS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6675

Commission Decision of 08/11/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6675 - GE / ACCENTURE / TALERIS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION      |
             Brussels, 08.11.2012
             C(2012)8170
             PUBLIC VERSION       
             SIMPLIFIED MERGER PROCEDURE
             |To the notifying parties:  |
             | |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6675 - GE / ACCENTURE / TALERIS  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
             1. On 04/10/2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which General Electric Co. (“GE”, United States) and Accenture plc (“Accenture”, Ireland) acquire within the meaning of Article 3(1)b of the Merger Regulation joint control over a newly created joint venture, Taleris Management LLC ("Taleris", United States), by way of a purchase of equity shares [2]  . 
             2. The business activities of the undertakings concerned are:
              - for GE: global, diversified manufacturing, technology and services company with primary business units: GE Energy Infrastructure, GE Healthcare, GE Aviation, GE Transportation, GE Capital and GE Home & Business Solutions. GE's activities in aviation include manufacturing of commercial and military jet engines and components, as well as electric power and mechanical system for aircraft;
              - for Accenture: global management consulting, technology services and outsourcing company, delivering its services and solutions through five operating groups: Communications, Media & Technology; Financial Services; Health & Public Services; Products; and Resources. Accenture provides airline outsourcing solutions through its Navitaire hosted services; 
              - for Taleris: to be a new supplier of Integrated Vehicle Health Management ("IVHM") services for optimization of fixed-wing aircraft maintenance and flight operations. Taleris will develop, improve, market, sell and maintain IVHM services for large commercial aircraft and regional jet aircraft operations globally. 
             3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b)  of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3]  . 
             4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.
             For the Commission
             (signed) Alexander ITALIANER Director General
            [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.
            [2]  Publication in the Official Journal of the European Union No C 308, 12/10/2012, p.14.
            [3] OJ C 56, 5.3.2005, p. 32.