CELEX: 32015M7765
Language: en
Date: 2015-10-12 00:00:00
Title: Commission Decision of 12/10/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7765 - CARLYLE / VERITAS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 12.10.2015
                                        C(2015) 7050 final

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|                                                                       |To the notifying party:                                                |
|                                                                       |                                                                       |

Dear Sirs,

Subject:    Case M.7765 - CARLYLE/ VERITAS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

      1. On 15 September 2015, the European Commission received notification of a proposed concentration pursuant to  Article  4  of  the  Merger
Regulation by which the undertaking The Carlyle Group L.P. ("Carlyle", USA) acquires, within the  meaning  of  Article  3(1)(b)  of  the   Merger
Regulation, sole control of the information management business of Symantec Corporation ("Symantec", USA), known as Veritas ("Veritas"),  by  way
of purchase of shares and assets.[3]

    2. The business activities of the undertakings concerned are:

      – for Carlyle: global investment management across four investment disciplines: (i) corporate  private  equity,  (ii)  real  assets,  (iii)
        global market strategies and (iv) solutions;

      – for Veritas: production of storage software, which is software that manages and assures accessibility, availability  and  performance  of
        information stored on physical storage media.

 1. 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.[4]

 2. 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 and Article 57 of the EEA Agreement.

                                        For the Commission

                                        (Signed)
                                        Johannes LAITENBERGER
                                        Director-General
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[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]   OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 319, 26.09.2015, p. 8.

[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE