IRESS / Pulse Software Systems merger inquiry

The CMA investigated the anticipated acquisition by IRESS Limited of Pulse Software Systems Limited.

Statutory timetable

Phase 1 date Action
23 October 2015 Decision published
20 October 2015 Decision announced
18 September to 2 October 2015 Invitation to comment
18 September 2015 Launch of merger inquiry

Phase 1

FNTQ decision

20 October 2015: The CMA has decided that the anticipated acquisition by IRESS Limited of Pulse Software Systems Limited does not qualify for investigation under the merger provisions of the Enterprise Act 2002. The full text of the decision is available below.

Invitation to comment: Now closed

18 September 2015: The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Launch of merger inquiry

18 September 2015: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues to:

Tim Capel
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

tim.capel@cma.gsi.gov.uk

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