CAT has today issued a judgement finding that the CMA was only partially correct in its decision making. CAT has asked Tobii and CMA for further submissions and is expected to issue a final order within the coming weeks.
"Tobii will now review the judgement finding in more detail and continue the process with the CAT and the CMA. We will also continue with the divestment of Smartbox and adjust our course of actions depending on the progress in these parallel tracks", said
Background
In
Upon the announcement of the acquisition (https://www.tobii.com/group/news-media/press-releases/2018/8/tobii-dynavox-acquires-uk-based-smartbox-assistive-technology/), the CMA opened an investigation under
The CMA announced the final conclusions of its investigation on
This information is information that
Contact
Ola Elmeland, Investor Relations, phone: +46 73 440 98 62, email: investor.relations@tobii.com
email: nils.lindhe @tobii.com (ben.conrad@tobii.com)
About Tobii
Tobii is the global leader in eye tracking. Our vision is a world where all technology works in harmony with natural human behavior. Tobii operates through three business units: Tobii Dynavox makes specially designed computers that are controlled by eye movement or touch screens for use by people with special needs due to spinal cord injuries, CP, ALS or other medical conditions. Tobii Pro develops and sells eye-tracking equipment and services used today by more than 3,500 companies and 2,500 research institutions, including all of the world's 50 highest ranked universities. Tobii Tech further develops Tobii's technology for new volume markets, such as computer games, personal computers, virtual reality, augmented reality and smartphones. Tobii is headquartered in
https://news.cision.com/tobii-ab/r/uk-competition-appeal-tribunal-issues-judgement-regarding-tobii-s-divestiture-of-smartbox,c3006358
https://mb.cision.com/Main/2874/3006358/1172674.pdf
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