Commission receives clearance application from iSOFT
Published25 Aug 2004
The Commerce Commission has received an application from iSOFT NZ Limited seeking clearance to acquire certain assets currently owned by Hewlett-Packard New Zealand, comprising five customer contracts for the provision of software support services, and associated goodwill and intellectual property rights in the HOMER and ORA*CARE software.
Issued 25 August 2004
The Commerce Commission has received an application from iSOFT NZ Limited seeking clearance to acquire certain assets currently owned by Hewlett-Packard New Zealand, comprising five customer contracts for the provision of software support services, and associated goodwill and intellectual property rights in the HOMER and ORA*CARE software.
The five customer contracts are with the following organisations:
Good Health Wanganui Limited (using ORA*CARE software);
Nelson Marlborough Health Services Limited (using ORA*CARE software);
Midcentral Health Limited (using HOMER software); and
Canterbury Health Limited (using HOMER software).
iSoft was recently incorporated in New Zealand and is a wholly-owned subsidiary of iSOFT Overseas Holdings Limited. Its business activities will consist of supplying software for use primarily in hospitals and related implementation, consulting and support services.
Hewlett-Packard is involved in Enterprise IT systems, printing and imaging solutions, HP services and personal computing solutions.
In considering this application, the Commission's role is to determine whether the proposed acquisition has the effect of substantially lessening competition in a market.
