The European Commission has signed off on two big technology mergers, approving SAP's acquisition of Business Objects
The Commission said it approved SAP's takeover of business intelligence software vendor Business Objects after concluding that the combined entity would not unfairly dominate the market.
"The combined SAP/Business Object entity would continue to face several strong competitors and customers would find sufficient alternative suppliers of such software products," the Commission said.
SAP sells primarily middleware and ERP applications, and has just started getting into the BI market, while Business Objects is known for its business analytics software.
The Commission said its investigation found no significant risk that the merged entity would be able to close off competitors from the market, since SAP's middleware product, Netweaver, is an "open" platform that can work with BI products from multiple vendors.
The Commission also gave the green light to Vodafone's expansion plans for the Spanish and Italian broadband Internet access markets, by approving its planned €775 million (US$1.1 billion) acquisition of the Spanish and Italian subsidiaries of Tele2.