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The European Commission clears creation of two joint ventures between Alcatel Space and Alenia Spazio, subject to conditions

Brussels, Belgium - Under the EU Merger Regulation

"The European Commission has cleared under the EU Merger Regulation the creation of two joint ventures resulting from the French electronics company Alcatel merging its space activities with those of Alenia Spazio and Telespazio, part of the Italian Defence and engineering company Finmeccanica. The Commission’s review highlighted serious concerns for certain satellite subsystems (Telemetry Tracking &...

fra/pec - 119679

AVIONEWS - World Aeronautical Press Agency
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