Techstep ASA, a proider of hardware and mobile solutions (SaaS) to the B2B market, announced 2 Februray 2017 the acquisition of Mytos AS for the consideration of NOK 120 million.
Techstep ASA has also entered into an agreement in principle to acquire Apro Tele og Data AS. In connection with these transactions and to finance further acquisitions, the company has completed private placement of NOK 100 million.
Travers Smith LLP has advised Ascential plc on the sale of Health Service Journal (HSJ) to Wilmington plc, which was announced on 19 January and completed on 31 January 2017.
On 5 January 2017 Ascential announced that it had separated 13 heritage brands into a separate operating entity and that these brands would develop an independent business strategy while new owners were sought. The sale of HSJ to Wilmington marks the first sale in this process.
HSJ is a leading source of information for both public and private health professionals.
Orrick advised San Mateo, California-based fintech startup Alpaca on a $1.75 million venture round. Round participants included D4V, Monex Ventures, MUCAP of Mitsubishi UFJ Financial Group and Eric Di Benedetto, a leading artificial intelligence (AI) and Fintech angel investor, in addition to existing and angel investors.
Vienna, 30 January 2017 – Tricentis, a company specialising in automated software testing solutions, has gained a new financial investor in Insight Venture Partners. Wolf Theiss has been advising the Vienna software company, which has subsidiaries in the US, Germany, Switzerland, the Netherlands, Poland, Great Britain, Australia and India, for many years throughout their expansion course.
Taylor Wessing has advised Outfit7 Investments Ltd, the entertainment company behind the global phenomenon ‘Talking Tom and Friends’ on its ground-breaking sale for US $1bn to a consortium of investors from Asia, represented by United Luck Group Holdings Limited.
Outfit7 is a market leader in family entertainment with over 5.6 billion app downloads of their Talking Tom and Friends franchise worldwide. All Outfit7 employees across companies in the UK, Slovenia, China and Cyprus are continuing to grow the Talking Tom and Friends brand.
Holman Fenwick Willan advised Paris-based Publicis Groupe (world's third largest communications group) on its equity investment in Swiss and US branding firm MetaDesign.
Georges Racine, Partner (HFW Geneva) advised Publicis Groupe on all the corporate aspects of the deal.
MetaDesign was advised by law firm Bertsch Minder Partner in Zurich (Switzerland).
DWF LLP has advised Equiniti Group plc on its acquisition of Marketing Source and Gateway2finance.
Equiniti, the specialist technology outsourcer, provides non-discretionary payment and administration services to blue-chip companies and Government and retail investors in the UK. These latest acquisitions are further examples of Equiniti’s growth strategy of integrating scalable technology platforms to provide regulation-driven, technology-enabled services.
DWF LLP has advised Equiniti Group plc on its acquisition of Marketing Source and Gateway2finance.
Equiniti, the specialist technology outsourcer, provides non-discretionary payment and administration services to blue-chip companies and Government and retail investors in the UK. These latest acquisitions are further examples of Equiniti’s growth strategy of integrating scalable technology platforms to provide regulation-driven, technology-enabled services.
Dentons won a resounding victory in two, back-to-back, major jury trials for client Nistica, Inc. in one of the largest patent cases litigated in the U.S district courts in 2016, Finisar Corp. v. Nistica, Inc., Case No. 5:13-cv-03445. On January 20, the Honorable Beth Labson Freeman, U.S. District Court Judge in San Jose, California, upheld the jury verdicts in Nistica’s favor, denying plaintiff Finisar's motions for judgment as a matter of law and for a new trial, securing Nistica’s complete victory in this large 6-patent case.
Stibbe advises Synopsys, Inc., a Nasdaq listed technology company, in its acquisition of certain assets of Forcheck b.v., a privately held software company based in the Netherlands that provides a static analysis tool for detecting coding defects and anomalies in Fortran applications.
This acquisition provides Synopsys with additional static analysis technology to extend the capabilities of its Software Integrity Platform and create new business opportunities.