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In electronic form on the EUR-Lex website under document number 32015M7810
EUROPEAN COMMISSION
To the notifying party:
Dear Sirs,
1.On 11 November 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking Vista Equity Partners Management, LLC (“Vista", United States of America) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the undertaking Solera Holdings, Inc ("Solera" United States of America) by way of a public bid.
The business activities of the undertakings concerned are:
- for Vista : private equity firm;
- for Solera : provision of risk and asset management software and IT services to insurance companies and automotive industry participants.
1OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.
2OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").
3Publication in the Official Journal of the European Union No C382, 17.11.2015, p. 8.
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.
3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
4.For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.
For the Commission (Signed) Johannes LAITENBERGER Director-General
OJ C 366, 14.12.2013, p. 5.
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