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ELECTRONICS : GREEN LIGHT FOR ERICSSON-STMICROELECTRONICS JV.

Tech Europe, December, 2009

The creation of a joint venture between EMP, the wireless platform' business of Ericsson of Sweden, and ST-NXP, the wireless semiconductors business of STMicroelectronics of the Netherlands, is unlikely to affect competition in the sector concerned, namely the marketing of wireless platforms for mobile phones and semiconductors for mobile telecommunications. The European Commission therefore decided, on 26 November, to authorise the transaction under the EU merger regulation.

The joint venture would integrate all of EMP's ...

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