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RICOH / IBM

M.4575

RICOH / IBMRICOH / PEGASUS
April 3, 2007
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Disclaimer :

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.

SECTION 1.2

Description of the concentration

On February 28, 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of the EC Merger Regulation, by which Ricoh Company Ltd. (ìRicohî) will acquire sole control over the printer business of IBM.

-- Ricoh: manufacturing and distribution of printers and related services;

-- IBM: distribution of printing solutions and related services.

The partiesí activities overlap only in the wholesale distribution of printers in several EEA countries, Ricoh being also active in the upstream production markets.

In view of the modest market shares of the Parties in every possible reportable market, Ricoh respectfully submits that the transaction does not raise competition concerns and is eligible for the simplified procedure.

EUC

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