GlobalLogic/Sidero Limited
Transaction details
The proposed acquisition by GlobalLogic Inc., through its wholly owned subsidiary, Bonus Technology, Inc., of Sidero Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:16 July 2023
- Publication date:16 July 2023
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Data hosting & IT services - K.63
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.23.032 Merger AnnouncementPDF | 128 KBM.23.032 Merger Announcement PDF | 128 KB - Opens in new window
M.23.032 DeterminationPDF | 177 KBM.23.032 Determination PDF | 177 KB - Opens in new window
Timetable
Parties Involved
GlobalLogic, Inc.
GlobalLogic’s core business is creating bespoke software for customers, which becomes the intellectual property of the customer. This software is typically embedded in the customer’s own products - for example, custom software used in cars, insulin pumps, or telecommunications equipment.
Sidero Limited
Sidero Limited is a software services company founded in 2013 comprising software developers, consultants and managed services personnel and is located in Athlone, Ireland. It opened a second office in Northern Ireland in 2022. Its services include consulting on software development and cloud investment projects, provision of "Teams as a Service" and managed services in relation to cloud infrastructure. Its experience is in large-scale software systems, legacy migration, cloud transformation, and automation.
Contacts
Jason McGoldrick jasonmcgoldrick@ccpc.ie
