CELEX: 32006M4131
Language: en
Date: 2006-03-17 00:00:00
Title: Commission Decision of 17/03/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4131 - BAIN / TEXAS INSTRUMENTS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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32006M4131

Commission Decision of 17/03/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4131 - BAIN / TEXAS INSTRUMENTS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |COMMISSION OF THE EUROPEAN COMMUNITIES     |
            Brussels , 17.03.2006
             SG-Greffe(2006) D/201148
             PUBLIC  VERSION
             MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
             SIMPLIFIED PROCEDURE
             To the notifying party: 
             Dear Madam(s) and/or Sir(s),
             Subject: Case No. COMP/M.4131 - Bain Capital /Texas Instruments  Notification of 20.02.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004  [1]  Publication in the Official Journal of the European Union No. C 47 of 25.02.2006 page 26 — Candidate case for simplified procedure 
            1.  On 20.02.2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Bain Capital Investors, LLC (“Bain”,USA) acquires, within the meaning of Article 3(1) (b) of the Council Regulation, sole control over the sensors and controls businesses of Texas Instruments Inc. (USA) by way of purchase of shares and assets.
              The business activities of the undertakings concerned are:
              - for Bain: private equity investment.
              - for sensors and controls businesses of Texas Instruments Inc.: sensors and controls. 
            2.   After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004 [2]  .  
            3.  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 (EC) No. 139/2004.
             For the Commission
             (signed) Neelie KROES Member of the Commission
            [1] OJ L 24, 29.1.2004 p. 1
            [2] OJ C 56, 05.3.2005 p.32