a market characterized by rising prices for securities
- Furthermore, Bull has competitors in the common market, such as IBM, Fujitsu/Siemens, Sun and HP.
- In 2002, in the whole servers market in the Community of Fifteen, Bull held a market share of the order of 3 %.
- Furthermore, Bull has competitors in the common market, such as IBM, Fujitsu/Siemens, Sun and HP. The French authorities do not question this assessment.
- The market for servers based on Intel 64-bit components, which is a major growth area for Bull, should enjoy considerable expansion.
- First of all, the crisis in the technology stock market prevented Bull from selling its heavily loss-making Integris division to an outside buyer.
- In the services market of the Community of Fifteen, Bull held in 2002 a market share of approximately 0,4 %, and since 2002 Bull has refocused itself even more on infrastructure services and its other specificities, experiencing strong reductions in its turnover in services.
- These competences and these sectoral choices are perfectly in phase with the leading market trends apparent from expert analyses: optimisation of and reduction in infrastructure costs (which generate the need for open infrastructure deployment), urbanisation and consolidation of information systems (areas of excellence for Bull), and administration and securitisation (in which Bull is active in various guises: cryptographic equipment supplier, software publisher and integrator).
- For example, Forrester, ‘Market overview — Exploiting open source in Europe’, 22.6.2004.  See The Clipper Group Navigator, ‘Bull transitions GCOS 8 to Open Systems — Novascale 9000 to the Rescue’, 15.10.2003 and IDC, ‘Vendor needs and Strategies, Bull fills out Novascale line — targets commercial and High-Performance Computing (HPC) Customers in 2004’, April 2004.
- In a study dated September 2003, published by the Gartner Institute, Bull does not number among the first 10 competitors in the world market for IT services and in 2002 it occupied only 22nd place in the European market.
- First of all, the crisis in the technology stock market prevented Bull from selling its heavily loss-making Integris division to an outside buyer. Secondly, the crisis in the Internet sector hit Internet-based technology businesses hard.
- specialised IT engineering services: Bull develops and integrates different applications, builds software architectures, etc. Following the sale of its Integris division to Steria, Bull's activities in this market sector have been centred particularly on France and Italy.
- The Commission considers that the restructuring aid for Bull notified by France may be declared compatible with the common market provided that all the commitments undertaken by France and all the conditions imposed are fulfilled,
- Inasmuch as Bull's strength is highly relative and the degree of concentration in the market is very high, the aid to Bull is not likely to lead to undue distortions of competition.
- Granted by the State, it will be financed through State resources and will favour a specific undertaking, Bull. It is incompatible with the principle of a private investor in a market economy.
- The State aid which France is planning to implement for Bull, which consists of a EUR 517 million payment coupled with a better fortunes clause, is compatible with the common market subject to the conditions laid down in Article 2.