MERGERS: AMO SR approved the acquisition of the company InterWay

14.07.2015
On June 30, 2015 the Antimonopoly Office of the Slovak Republic, Division of Concentrations approved the merger through which the undertaking Asseco Poland SA, the Republic of Poland („Asseco Poland“) acquired the indirect joint control and the undertakings Ing. Petr Weber and Ing. Richard Weber acquired the direct joint control over the enterprise of the undertaking InterWay, a.s., Bratislava („InterWay“).
 
Company Asseco Poland is a parent company of Asseco Group („group Asseco“), acting in the area of information technologies („IT“). Asseco Poland acts in the territory of the Republic of Poland and through its subsidiaries also worldwide.
 
Portfolio of group Asseco could be divided into three main segments:
-           Banking and Finance – complex banking systems, information systems for stock market and  specialized solutions and insurance services;
-           Public Administration – projects including draft, development, implementation and      maintenance of specialized information systems;
-           Enterprises – specialized IT solutions for large and medium-sized enterprises, services in the   area of information technologies, like IT consulting, system integration and implementation.
 
Ing. Petr Weber and Ing. Richard Weber, in addition to the activities within the acquired company, operate in Slovakia also through other companies, but in the area of IT servicesonlyto a minimal extent.
 
The main activity of the acquired company InterWay is based on the sale of their own software and software of third parties through the sale of so-called bundled software as a service provided through outsourcing or as system integrator. In addition, the company also provides the IT management services, consulting services and data storage. Further, the company deals with software development and implementation, especially development of web solutions, mobile application, development and integration of turnkey software solutions (mainly in public administration).

Assessing the impact of merger the Office focused on:
  • provision of IT services,
  • provision of bundling software.
Undertakings concerned act in the territory including the territory of the Slovak Republic also in the area of provision of bundling software.
                                              
After assessment of all acquired materials and information the Office concluded that the assessed merger does not infringe effective competition in the relevant market, mainly as result of creation or strengthening of dominant position and it approved the merger.
Last update:21.07.2015