M/22/022 – Ennoconn/Certain assets of NCR
The proposed acquisition by Ennoconn Corporation of certain assets of NCR Magyarország Informácio-Technológical Kft has been cleared by the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Tuesday April 26, 2022||Thursday, May 12, 2022|
|Parties Involved||Business activities|
Ennoconn Corporation ("Ennoconn") is a Taiwanese public company that provides electronics manufacturing services to original equipment manufacturers on a worldwide basis. In particular, Ennoconn is an industrial mother board designer and a total hardware system solution provider.
|Certain assets of NCR Magyarország Informácio-Technológical Kft||
The target assets are located in Hungary and comprise the production assets and employees of the Hungarian entity NCR Magyarország Informácio-Technológical Kft. The target assets are currently used in the production of ATMs, point-of-sales devices and self-checkout devices.
|Economic sector||Media merger|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Wednesday, May 11, 2022|
|Current status: Completed|
|Cleared (Phase 1)|
|Authorised Officer Assigned||Contact Details|
Media enquiries: email@example.com