In terms of Regulation 5(4) of the Control of Concentrations Regulations 2002, published in the Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of concentration was filed on Friday, 26th April 2019 by Centerbridge Partners, L.P. (New York, United States).
The nature of the concentration is the acquisition, by the virtue of an Asset Purchase Agreement, by Centerbridge Partners, L.P. of certain IT software products from International Business Machines Corporation, which consist in marketing management software solutions, customer experience analytics, customer insight software, price and promotion optimisation software, and an e-commerce payments solution.
The economic sectors involved in this concentration are those concerning the investment management sector and IT Products & Software solutions.
The Director General of the Office for Competition invites interested third parties to submit their written observations on this notified concentration.
Such written observations should reach the Office for Competition within seven days following publication of this notice.