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Technology, Media & Telecoms

Orrick Advises Baidu in Its Joint Investment with Ford in Velodyne

18 Aug 2016

Orrick has advised Baidu, Inc. [Nasdaq: BIDU], the leading Chinese language Internet search provider, on its investment in Velodyne LiDAR, Inc. The total combined investment from Baidu and its co-investor, Ford Motor Company [NYSE: F], was $150 million. Velodyne LiDAR, Inc. is a leading supplier of solid-state hybrid LiDAR sensor technology used in a variety of commercial applications including advanced automotive safety systems, autonomous driving, 3D mobile mapping, 3D aerial mapping and security.

Setterwalls advise Kry (webbhälsa AB) when taking in Venture Capital

18 Aug 2016

webbhälsa AB who manage the Kry service, a digital health centre, take in 6,1 MEUR, approx. 60 MSEK, to finance the expansion in Europe. Behind the investment are venture capitalists Creandum and Index Ventures as well as the Berlin based company Project A Ventures.

Setterwalls' team consisted of Marcus Nivinger, Samuel Skybrand and Fanny Cukierman.

Dentons advises Dentsu Aegis Network on the acquisition of Markenloft

18 Aug 2016

Global lifestyle marketing agency MKTG will launch on the German market with the acquisition of Düsseldorf-based agency Markenloft.

Frankfurt—Global law firm Dentons advised Dentsu Aegis Network on its acquisition of Markenloft, a German lifestyle marketing agency. Through this deal, Dentsu Aegis Network will launch its international creative agency MKTG in Germany, a strategic growth market for the company. Markenloft will be fully integrated into MKTG to strengthen the agency’s global brand and lifestyle offering.

Firm Advises Perform Group on Historic USD2 Billion Broadcast Deal

18 Aug 2016

International law firm Simmons & Simmons has advised UK-based Perform Group on securing rights to broadcast all league tournaments for Japan's top three soccer divisions. The 10 year deal (approximately USD2 billion) starts from the 2017 season and is the first time that all games from all leagues will be broadcast in Japan, available on Perform Group’s internet TV service, DAZN.

Heuking Kühn Lüer Wojtek advises EasyPark Group on the acquisition of Mobile City

16 Aug 2016

A team led by Dr. Jörg Schewe, Partner at the business law firm of Heuking Kühn Lüer Wojtek in Hamburg, legally advised Swedish EasyPark Group and its German subsidiary EasyPark GmbH, Düsseldorf, comprehensively on the acquisition of German Fintech company Mobile City GmbH, Saarbrücken, from HeidelbergCapital Private Equity Fund II GmbH & Co. KG, Heidelberg, and Pazzi Finance GmbH, Saarbrücken. The purchase price has not been disclosed.

DLA Piper advises Hewlett Packard Enterprise in acquisition of SGI

16 Aug 2016

DLA Piper represented Hewlett Packard Enterprise (HPE) in its acquisition of SGI, a high-performance computing (HPC) and big data analytics company. The transaction, which is valued at approximately US$275 million, is expected to close in the first quarter of 2017.

SGI products and services are used for HPC and big data analytics in the scientific, technical, business and government communities. The acquisition strengthens HPE’s position in the mission-critical and HPC segments of the server market.

Osborne Clarke advises Spigit on deal with Corel

15 Aug 2016

Spigit Corporation is a leading global supplier of software solutions for innovation and idea management. Mindjet MindManager is an industry-leading software that helps business professionals achieve more by efficiently organizing and clearly communicating complex ideas and information.

Corel Corporation is a Canadian software company specializing in graphics, productivity and digital media products.

Olswang advises indie production company 72 Films on BBC Worldwide's minority stake acquisition

15 Aug 2016

International TMT law firm Olswang has advised independent factual production company 72 Films, headed by senior TV industry figures, David Glover and Mark Raphael, on the recent investment made by BBC Worldwide into the company. BBC Worldwide will acquire a minority equity stake and the global distribution rights to all content developed by 72 Films.

Gowling WLG advises Hyperoptic on investment from EIB to deliver superfast broadband

15 Aug 2016

Gowling WLG client Hyperoptic has secured an investment of £21 million from the European Investment Bank (EIB) to help it provide 1 Gbps fibre broadband to more than half a million homes across the UK.

EIB's investment comes alongside that of Quantum Strategic Partners Limited, a private investment fund managed by Soros Fund Management LLC, and brings the total amount invested in Hyperoptic and fibre-to-the-premises (FTTP) broadband to £75 million.

Heuking Kühn Lüer Wojtek advises DATAGROUP AG on taking over SAP and application management services from Hewlett Packard Enterprise (HPE) in Germany

10 Aug 2016

A team led by Dr. Rainer Herschlein from Heuking Kühn Lüer Wojtek’s Stuttgart office advised DATAGROUP on taking over SAP and application management services from Hewlett Packard Enterprise (HPE) in Germany.