32002M2936

Commission Decision of 10/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2936 - TMI / DARFON / JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

To the notifying parties

Dear Madam(s) and/or Sir(s),

Subject: Case No. COMP/M.2936 - TMI/DARFON/JV Notification of 06.08.2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 193 of 13.08.2002, page 29

[1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.

1. On 06.08.2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which THALES MICROELECTRONICS ("TMI") [belonging to THALES (France)] and DARFON [belonging to the BENQ group (Taiwan)] acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of NEWCO by way of purchase of shares in a newly created company constituting a joint venture.

2. The business activities of the undertakings concerned are :

- for TMI: design, production and sale of high-tech electronic modules and sub-assemblies;

- for DARFON: provides professional products and services in the electronics components industry

- for NEWCO: design, production and sale of Low Temperature Cofired Ceramics components and substrates.

3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraphs (a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].

[2] OJ C 217, 29.07.2000, p. 32.

4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.

For the Commission

Mario MONTI Member of the Commission