CELEX: 32004M3386
Language: en
Date: 2004-03-29 00:00:00
Title: Commission Decision of 29/03/2004 declaring a concentration to be compatible with the common market (Case No COMP/M.3386 - SEI / FUJITSU / FQD) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32004M3386

Commission Decision of 29/03/2004 declaring a concentration to be compatible with the common market (Case No IV/M.3386 - SEI / FUJITSU / FQD) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 095 , 20/04/2004 P. 0036 - 0036

Commission Decision of 29/03/2004 declaring a concentration to be compatible with the common market (Case No IV/M.3386 - SEI / FUJITSU / FQD) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the notifying partiesDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.3386 - SEI / FUJITSU / FQD Notification of 26.02.2004 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1], as last amended by Regulation (EC) No 1310/97 [2] Publication in the Official Journal of the European Union No. C 57, 05.03.2004, page 2[1]  OJ L 395, 30.12.1989 p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13.[2]   OJ L 180, 9. 7. 1997, p.  1; corrigendum OJ L 40, 13.2.1998, p. 17.1. On 26 February 2004, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Fujitsu Limited ("Fujitsu", Japan) and Sumitomo Electric Industries, Ltd. ("SEI", Japan) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking  Fujitsu Quantum Devices Limited ("FQD", Japan), by way of  purchase of shares in a newly created company constituting a joint venture.2. The business activities of the undertakings concerned are: - for undertaking Fujitsu: information technology and communication solutions   including semiconductors; - for undertaking SEI: power and telecommunication cable and wire used in    electronic components and semiconductors; - for undertaking FQD: compound semiconductor devices.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph (c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [3].  [3]   OJ C 217, 29.07.2000, p. 32.4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement.  This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.For the CommissionMario MONTI Member of the Commission