ICT Transaction Under Review by CPCICT Transaction Under Review by CPC The Commission for the Protection of Competition (CPC) announced an ongoing review of a transaction that could potentially impact the national market for ICT services. No specifics about the deal have been disclosed, but it is expected to affect the provision, maintenance, and management of integrated IT solutions. Interested parties can submit comments on the transaction until July 8th. Company Profiles * Sinvexa: Founded in 2023, specializes in enhancing IT infrastructure efficiency, productivity, security, and reliability. Its services include consulting, design, implementation, maintenance, and renewal for information systems. * Paraflow Communications: Established in 1995 and based in Sofia, implements projects in enterprise data networks, cloud technologies, information security, and analytics systems. Its clients span various industries, including finance, healthcare, education, and telecommunications.
The announced transaction is expected to have an impact on the national market for ICT services, including the provision, maintenance and management of integrated IT solutions, the Commission for the Protection of Competition (CPC) said in a statement earlier this week, without disclosing details of the deal.
Interested third parties can submit comments on the transaction until July 8, the CPC said.
Founded in 2023, Sinvexa specializes in products, solutions and services that increase the efficiency, productivity, security and reliability of IT infrastructure. The company offers comprehensive services for information systems, including consulting, research, analysis, design, planning, implementation, training, operation, optimization, maintenance and renewal.
Sofia-based Paraflow Communications, founded in 1995, implements projects in enterprise data networks, enterprise management and analytics systems, cloud technologies and information security, according to its website. Its market segments include finance, industry, trade, education, healthcare, public administration, public services, telecommunications and energy.
