June 19 (SeeNews) - Bulgaria's competition regulator said on Tuesday that Austrian IT company S&T has asked for approval of its planned acquisition of telecommunications solutions provider Kapsch CarrierCom's units in Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia.
The deal is expected to affect the IT services, hardware, standard software and integrated systems market segments in Bulgaria, a notice published on the website of the Commission for Protection of Competition shows.
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S&T, mainly focused on Central and Eastern Europe, provides consulting, outsourcing, systems integration and IT services.
Kapsch CarrierCom is part of Austria's Kapsch Group, which is active in road telematics, IT and telecommunications.