In accordance with Article 13 of Law 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation as amended and supplemented, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law 104-12 on freedom of prices and competition as amended and supplemented.
Names of the companies and groups concerned:
- The Acquirer: “GE Healthcare Technologies Inc.”;
- The target: “MIM Software Inc.”.
Nature of the operation
- Exclusive takeover.
Economic sectors concerned
- The market for medical imaging software solutions;
- The market for diagnostic and medical imaging devices.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. February 12, 2024.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration operation concerning the acquisition by “GE Healthcare Technologies Inc.” of the company “MIM Software Inc.” through the acquisition of 100% of its share capital and voting rights.
“MIM Software, Inc.” is a software company that provides device-independent imaging software solutions for radiotherapy, nuclear medicine, radiology, interventional radiology, and molecular, neurological, and cardiac imaging.
“GE Healthcare Technologies, Inc.” is a diversified company engaged in various manufacturing, technology, and service activities, including the provision of medical systems, scanning devices, and associated imaging software.
Done in Rabat, on February 01, 2024