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One Equity Partners/GENBAND Inc/CVAS Business

M/10/002

Completed

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.
Case details
  • Notification date:22 January 2010
  • Publication date:22 January 2010
  • Economic sector:Manufacturing - C
  • Economic sub-sector:Manufacture of electronics - C.26
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 22 January, 2010 Notification received
  • Monday, 1 February, 2010 Third party submission deadline
  • Monday, 8 February, 2010 Determination issued
Parties Involved

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.
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