EC approves Tech Data acquisition of Azlan


EC approves Tech Data acquisition of Azlan

The European Commission gave the go-ahead for US-based Tech Data's acquisition of UK networking services company, Azlan Group.

The commission investigated the market for distribution of IT products and the indirect distribution of data networking products, which is where the European Union's competition regulator suspected the firms' activities would overlap.

"The operation does not raise any serious competition concerns on these product markets regardless of whether the market is national or European," the commission concluded.

Tech Data is a distributor of PC-related hardware and software products to computer retailers throughout the US, Canada, Latin America, the Caribbean and in Europe. The firm offers after-sales support, training and financial services to its customers.

Azlan is a  pan-European distributor of networking products. Its business also consists of offering networking-related services, and it operates in Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the UK.

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