Brussels, 05/03/2008 (Agence Europe) - On Wednesday 5 March, the European Commission approved the acquisition of the Swedish company Telelogic by US group IBM. The two companies make tools for modelling software. Following its investigation (opened on 3 October 2007, see EUROPE 9516), the Commission concluded that the proposed concentration would not present a serious risk to competition within the European Economic Area (EEA) or substantial part of it.
The activities of IBM and Telelogic...