Telelogic Acquisition gains EU approval

After many months of deliberations, IBM's acquisition of Telelogic was given the green light by the European Union yesterday. The news was widely reported across the globe. Some reports are linked here:

Infoworld: With the acquisition of Telelogic, IBM will become by far the largest vendor of two types of software development tools: software modelling and requirements management tools. Initially the Commission suspected that the combined strength of the two companies would skew competition in these market sectors, pushing up prices and shutting out competitors....
"The deal will not harm competition in Europe or in any part of Europe," the Commission said.

InformationWeek and, amazingly enough, PhysOrg.com also commented.

Welcome to the team, Telelogic!