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Technology, Media & Telecoms

Bird & Bird represented Image Systems in connection with its SEK 66.3 million rights issue

22 Jan 2019

Bird & Bird represented Image Systems AB in connection with its SEK 66.3 million rights issue. Image Systems AB is listed on Nasdaq Stockholm and active in the development and manufacturing of ranged measuring technology and high resolution image processing primarily in North America and Europe.

Responsible partner for Bird & Bird's team was Ola Lidström.

Baker McKenzie advises Evergrande Health as it acquires majority stake in National Electric Vehicle Sweden

22 Jan 2019

Baker McKenzie advised Evergrande Health Industry Group Limited (Evergrande Health), a company listed on the Main Board of the Hong Kong Stock Exchange, on its acquisition of 51% stake in National Electric Vehicle Sweden AB (NEVS) for a total consideration of USD 930 million.

Pinsent Masons advises Sabio on its acquisition of flexAnswer Solutions

22 Jan 2019

International law firm Pinsent Masons has advised Sabio on its acquisition of flexAnswer Solutions

The Sabio Group, a UK-based unified communications and contact centre services company, has announced the acquisition of flexAnswer Solutions, a leading Singapore-based provider of innovative Virtual Assistant solutions. The deal aims to strengthen Sabio’s digital offering and is part of an ongoing growth plan to broaden the company’s solutions portfolio and geographic coverage.

DLA Piper has acted as counsel for JTT Holding 2 ApS in relation to its divestment of Netgroup A/S to Sentia Group

19 Jan 2019

Netgroup A/S was established in 2001 and is a Danish hosting and cloud service provider, which mainly conducts business within IT outsourcing, hosting services and managed cloud services.

With Sentia Group’s acquisition of Netgroup A/S, Sentia Group has strengthened its cloud-first strategy and growing presence in Denmark and the Nordics, giving its business a combined power of more than DKK 400 million in Danish revenue and a customer and employee presence of 180 skilled people.

HERBERT SMITH FREEHILLS ADVISES GRAB ON DIGITAL INSURANCE JV WITH CHINA'S ZHONGAN INSURANCE

18 Jan 2019

Herbert Smith Freehills' leading Asia TMT team has advised ecommerce unicorn Grab on an online insurance joint venture with Zhongan Insurance.

The alliance is the latest market expansion for Grab. Established in 2012 as a ride-hailing platform, it now offers food, parcel and grocery deliveries, financial services and content across eight southeast Asian countries. Grab has also signalled that it will expand into cross-border remittances and online healthcare this year.

Wolf Theiss Tirana advised the Greek Telecommunications Group OTE in the Agreement to sell Telekom Albania

17 Jan 2019

Wolf Theiss Tirana advised OTE in the agreement to sell its controlling stake in Telekom Albania

Wolf Theiss Tirana Partner Sokol Nako and Associate Kristaq Profkola acted as legal counsels to OTE Group in a EUR 50 million agreement entered with the Bulgarian company Albania Telecom Invest, for the sale of the OTE's controlling stake in Telekom Albania. The transaction is subject to customary closing conditions, including the approval by the competent local authorities and financing, and is expected to be completed within the first half of 2019.

DLA Piper advises US electronics distributor Avnet on acquisition of Softweb Group

17 Jan 2019

DLA Piper has advised global technology solutions provider Avnet, Inc. on its acquisition of privately-held Softweb Solutions, Inc. and Priya Softweb Solutions Pvt. Ltd., a software development and technology consulting company focusing on Artificial Intelligence and IoT software solutions located in the US and India.