CELEX: 32018M9063
Language: en
Date: 2018-10-02 00:00:00
Title: Commission Decision of 02/10/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9063 - Synnex Corporation / Convergys Corporation) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 2.10.2018
                                                                C(2018) 6541 final
                                                                          PUBLIC VERSION
                                                                To the notifying party:
Subject:        Case M.9063 - SYNNEX / CONVERGYS
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 7 September 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertaking
        Synnex Corporation ("Synnex", U.S.A.) acquire within the meaning of Article 3(1)(b) of
        the Merger Regulation sole control over the whole of the undertaking Convergys
        Corporation ("Convergys", U.S.A.).3 The concentration is accomplished through a two-
        step merger process resulting in the creation of "Concentrix CVG Corporation", a wholly-
        owned subsidiary of SYNNEX, which will include the Convergys business. As a result of
        the transaction, Convergys will no longer be a publicly held corporation.
2.      The business activities of the undertakings concerned are:
        −     for Synnex: provision of business-to-business services that help clients and business
              partners grow and enhance their customer-engagement strategies,
        −     for Convergys: provision of customer relationship management business process
              outsourcing services to client businesses, including through the provision and
              operation of "call centers".
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 325, 14.9.2018, p. 19.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 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(c) of
   the Commission Notice on a simplified procedure for treatment of certain concentrations
   under Council Regulation (EC) No 139/2004.4
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 and Article 57 of the EEA Agreement.
                                                    For the Commission
                                                    (Signed)
                                                    Johannes LAITENBERGER
                                                    Director-General
4  OJ C 366, 14.12.2013, p. 5.
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