M/10/002 – One Equity Partners / GENBAND Inc / CVAS Business

Transaction details

The Competition Authority on 8 February 2010 has cleared the proposed transaction whereby One Equity Partners III L.P. would acquire sole control of Genband Inc. USA and certain assets of Nortel Networks Inc. and certain affiliates.

Notification date Decision date
Friday January 22, 2010 Monday, February 8, 2010
Parties Involved Business activities
One Equity Partners III, L.P.

OEP: is a private equity partnership which makes equity investments in a broad range of business sectors.

GENBAND Inc. USA

GENBAND: offers switching and routing equipment, in particular it sells softswitches, media gateways and session border controllers, which are hardware devices. The products are used by fixed and mobile network providers.

CVAS Business

CVAS Business: offers switching and routing equipment, in particular it sells softswitches, media gateways as well as TDM (time-division multiplexing) switches, and provides network implementation services and related support.

Economic sector Media merger
Switching and routing hardware as well as software solutions for fixed and mobile networks. No
Submissions from third parties due by:
Phase 1 Phase 2
Monday, February 1, 2010
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Ms. Victoria Balageur

Tel: 01-804 5451. email: vb@tca.ie

Media enquiries: MKC Communications: 01 7038600

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