0
IT

IBM pulls acquisition plan for T-Systems mainframe services

Friday 7 June 2019 | 17:07 CET | News
IBM Deutschland has withdrawn its application for the acquisition of the mainframe service business of T-Systems, the German Cartel Office said in a statement. The Cartel Office said that the acquisition and the outsourcing cooperation between the companies raised competition concerns. It has extended its review of the sale until 09 July.  

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: IBM / T-Systems
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

German cartel office extends review of T-Systems mainframe services sale to IBM

Published 28 May 2019 16:22 CET | Germany
The deal, which includes IT services and outsourcing of the mainframe computing assets of T-Systems, could be worth EUR 860 ...

Mainframe-diensten T-Systems over naar IBM, deal ter waarde van EUR 860 mln

Published 15 Jan 2019 08:25 CET | Germany
T-Systems zet zijn mainframe-diensten over naar IBM, meldt Handelsblatt. In mei zullen 400 werknemers in zes landen onderdeel ...

IBM planning partial sale of IT segment to Bechtle - report

Published 20 Mar 2018 13:07 CET | Germany
IBM Germany has internally announced plans to sell off parts of its IT service segment IBM Global Technology Services (GTS) to ...

T-Systems CEO preparing to split company in two

Published 18 Jan 2018 15:05 CET | Germany
Adel Al-Saleh, the new CEO of T-Systems, Deutsche Telekom's corporate arm, announced plans to split the subsidiary into two ...