Technology Industry

Industry: Email Alert RSS Feed
Comments

European Union regulators approve buyout of Getronics by Royal KPN NV.(NETHERLANDS)

European Telecom, November, 2007

European Union regulators have approved a deal under which Netherlands-based Royal KPN NV would purchase IT services firm Getronics for $1.08 billion. According to the European Commission, this deal would not violate EU competition norms; it added that KPN and Getronics would face stiff competition from several players even after the purchase. KPN is hopeful that this deal will allow it to be the number one player in workspace management in the Netherlands.

Getronics currently delivers IT services in 25 nations. Its clientele includes the US military. KPN provides broadband Internet and fixed telephony services in the Netherlands.

Read the rest of this article with a Free Trial at HighBeam Research.
Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:
  1. You are currently: a Guest |
  4.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
CXO UnpluggedSmart Business interviews on BNET

See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.

Brought to you by CBS MoneyWatch.com

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here