IQE plc / Kopin Wireless
OFT closed case: Completed acquisition by IQE plc of Kopin Wireless, a division of Kopin Corporation.
Affected market: Manufacture of electrical components
On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of Kopin Wireless, a division of Kopin Corporation by IQE plc does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met as Kopin wireless has no turnover in the UK. A relevant merger situation has, therefore, not been created.