The Chinese MOFCOM clears conditionally an international JV in the IT sector (ARM / Giesecke & Devrient / Gemalto)

MOFCOM cleared Joint Venture between ARM, Giesecke & Devrient and Gemalto with Conditions* On December 6th, 2012, the Ministry of Commerce (“MOFCOM“) cleared the proposed establishment of a joint venture (“JV“) by ARM Holdings plc (“ARM“), a UK semiconductor intellectual property (“IP“) supplier, Giesecke & Devrient GmbH (“G&D“) and Gemalto NV (“Gemalto“), both providers of security solutions, with behavioral conditions. This marks the third conditional clearance of JVs issued by MOFCOM. The JV will be engaged in providing security solutions named trusted execution environments (“TEE“) for consumer electronic devices. Review Timeline According to MOFCOM’s announcement 1, the first submission was made on May 4th, 2012, and was officially accepted almost two month later on June 28th.

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  • King & Wood Mallesons (Beijing)

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Susan Ning, The Chinese MOFCOM clears conditionally an international JV in the IT sector (ARM / Giesecke & Devrient / Gemalto), 6 December 2012, e-Competitions Bulletin December 2012, Art. N° 55178

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