7.10.2006   

EN

Official Journal of the European Union

C 242/10


Prior notification of a concentration

(Case COMP/M.4300 — Philips/Intermagnetics)

(2006/C 242/06)

(Text with EEA relevance)

1.

On 29 September 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1) by which the undertaking Koninklijke Philips Electronics N.V., part of the group Philips (‘Philips’, the Netherlands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Intermagnetics General Corporation (‘Intermagnetics’, United States) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

for Philips: research, development, manufacture and sale of a wide range of electronic products such as lighting product, domestic appliances, consumer electronics, semiconductors and medical equipment, including magnetic resonance imaging devices;

for Intermagnetics: development, manufacture and marketing of superconducting materials and medical devices, including magnets and coils used in magnetic resonance imaging systems.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4300 — Philips/Intermagnetics, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1.