Via libera Antitrust Ue ad acquisizione Mentor Graphics da parte di Siemens (ENG)

Brussels – The European Commission has approved under the EU Merger Regulation the acquisition of Mentor Graphics, of the US, by Siemens, of Germany.  Mentor Graphics provides electronic hardware and software design solutions, consulting services and support to electronic, semiconductor and systems companies. Siemens offers a wide range of products and services, including a broad portfolio of software and solutions to support manufacturing companies in enhancing the flexibility and efficiency of their manufacturing processes and reducing the time to market of their products. The parties’ activities overlap in the market for the provision of product life cycle management (PLM) software. PLM software allows companies to develop and optimize new products (from product design and simulation, to manufacturing and maintenance service) on an entirely virtual basis. The Commission concluded that the proposed acquisition would not raise competition concerns given the parties’ moderate combined market positions resulting from the proposed transaction and the mostly complementary nature of their PLM software offerings. The transaction was examined under the normal merger review procedure.