MUNICH (10 January 2017) – Reed Smith comprehensively advised the Canadian company Rakuten Kobo Inc. on the acquisition of the tolino technology platform from Deutsche Telekom and the technology cooperation with the Tolino-Alliance. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval and is expected to close end of January 2017.

The e-reading-specialist Kobo steps into the Tolino alliance, which is one of the leading brands for digital reading in the German-speaking world, and becomes – in place of Deutsche Telekom – their new technology partner.

For more information please see: http://news.kobo.com/press/releases/change-in-technology-partner-at-the…

Advisor Rakuten Kobo Inc.
Reed Smith: Dr. Justus Binder (lead, corporate/M&A), Jan Weißgerber (partner, labor law), Thomas Gierath (partner, tax), Dr. Thomas Fischl (counsel, IT/E&M), Frank Mizera (associate, corporate/M&A), Dr. Alexander Hardinghaus (associate, IT/E&M), all Munich
Rolf Hünermann (partner, corporate/M&A) and Maximilian Santüns (associate, corporate/M&A), both Frankfurt

Rakuten Kobo Inc.: Jay Howard (General Counsel)

KPMG (Group Tax Law)