I imagine what I want to write in my case, I write it in the search engine and I get exactly what I wanted. Thank you!
Valentina R., lawyer
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
Dassault Systèmes International SAS (France) (“DSI”) and Beijing Shenzhou Aerospace Software Technology Co., Ltd. (China) (“SZSW,” and together with DSI, the “Parties”) intend to form a new joint venture that will be active in the distribution and customization of certain PLM software and the provision of associated services to customers in China, in the civil domain only.
On February 3, 2022, the Parties notified the transaction to the European Commission, pursuant to Articles 1(2), 3(1)(b), 3(4), and 4(2) of the EU Merger Regulation.
The transaction will be implemented according to the provisions of a Joint Venture Contract entered into between DSI and SZSW, by way of subscription to the registered capital of a newly created company constituting the joint venture, which would confer to the Parties shareholdings in the newly created company constituting the joint venture. SZSW will acquire a 51% shareholding in the joint venture and DSI will acquire a 49% shareholding. SZSW and DSI will exercise joint control over the joint venture.
No businesses with activities in the EEA and no assets located in the EEA will be contributed to the joint venture, which will not be active outside of China.
DSI is a wholly-owned subsidiary of Dassault Systèmes SE, which is headquartered in Vélizy-Villacoublay, France, and is controlled by its principal shareholder, Groupe Industriel Marcel Dassault, which is headquartered in France. Dassault Systèmes SE develops and markets PLM software, enabling 3D design, engineering, modelling, simulation, data management and process management.
SZSW is headquartered in Beijing, People’s Republic of China. SZSW is controlled by the Chinese state-owned China Aerospace Science and Technology Corporation, which is in turn controlled by the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China. SZSW develops and markets software for various applications, including the air and space sector, only in China.
The proposed joint venture will be headquartered in the People’s Republic of China, and will be jointly controlled by SZSW and DSI. The proposed joint venture will be engaged in providing
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
PLM software products and solutions in China, developing specific applications for the Chinese market, and in providing associated services to customers in China, in the civil domain only.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.