Press Release: Mergers: Commission clears the creation of joint venture Fujitsu Client Computing Limited, by Fujitsu and Lenovo

The European Commission has approved, under the EU Merger Regulation, the creation of the joint venture, Fujitsu Client Computing Limited (FCCL), by Fujitsu Limited (Fujitsu) and Lenovo Group Limited (Lenovo). FCCL, based in Japan, will comprise most of Fujitsu’s personal computer business as well as various ancillary services, including R&D functions. Fujitsu is an information and communication technology company also based in Japan. Lenovo is a multinational computer technology group based in China. The Commission assessed the horizontal overlap of the parties’ activities on the market for the supply of personal computers (desktops, notebooks and tablets) and the potential segments at European and national level. The Commission concluded that the transaction would not have a significant impact on effective competition in the Single Market. The Commission based its conclusion in particular on the presence of a number of firms, which will continue to compete strongly with FCCL and the parties, irrespective of the potential segmentation or geographic scope of the market. The Commission also investigated the vertical relationship between the upstream market for the supply of personal computers and the downstream market for the supply of IT services. The Commission concluded that FCCL and the parties would neither have the ability nor incentive to shut out competing suppliers as there are many alternative players at both levels. The transaction was examined under the normal merger review procedure. More information will be available on the Commission’s Competition website, in the public case register under the case number M.8765. (For more information: Ricardo Cardoso – Tel.: +32 229 80100; Maria Sarantopoulou – Tel.: +32 229 13740)

Source: European Commission

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