Origo hf.'s acquisition of all shares in Strikamerki – Gagnastýring ehf.

The Competition Authority has been considering the acquisition by Origo hf. of a 100% stake in Strikamerki – Gagnastýring ehf. Origo's main business consists of the sale of consumer goods, hardware and related services, the development and sale of software, information technology consultancy, as well as hosting, the operation of computer systems and related services. Strikamerki is an IT company that provides businesses with e-commerce solutions in the form of hardware, software, consultancy and services. The focus is on point-of-sale solutions, handheld computer solutions and printing solutions. In the opinion of the Competition Authority, based on the information submitted, the relevant merger does not appear to result in the creation or strengthening of a dominant position, nor does it appear that the merger would otherwise significantly distort competition, pursuant to Article 17. Article 17(c) of the Competition Act. For these reasons, the Authority concludes that there is no reason to take action in respect of this merger, such as intervention in the form of annulment or the imposition of conditions.