IT Management and Cloud Blog

« | Home | »

Rut Roo IBM

By John | January 22, 2008

Regulators Look Closer at I.B.M. Deal

 Antitrust regulators in the European Union have stepped up a review of International Business Machines’ proposed $4.9 billion bid for Cognos, a maker of business-analysis software. The European Commission said in a statement that the transaction’s combined market share was above certain thresholds for a simplified review. The commission did not change its Jan. 29 deadline to rule on the deal. The transaction “no longer fulfills the criteria for simplified procedure,” said Jonathan Todd, a commission spokesman.

Topics: ibm | No Comments »

Comments