Tokyo Stock Exchange listed Konica Minolta Inc. has acquired approx. 65% of shares in German firm MOBOTIX AG from its main shareholders. MOBOTIX AG’s shares are listed in the Entry Standard of the Frankfurt Stock Exchange.
IAC/InterActiveCorp (“IAC”) has divested PriceRunner to NS Intressenter. PriceRunner, founded in 1999, is a price comparison site where consumers can find the lowest prices and compare millions of products. The company has operations and websites in Sweden, Denmark, United Kingdom and Germany and an office in China. PriceRunner has 108 employees.
Prague, 24 March 2016 - Wolf Theiss has represented and advised Rockaway Capital SE on its acquisition of the Czech Republic-based online travel agency Invia and its Polish subsidiary Travelplanet S.A. Following completion, Wolf Theiss will continue to advise on the mandatory tender offer to the minority shareholders of Travelplanet S.A.
DLA Piper represented venture capital-backed data center automation company StackStorm in its sale to publicly traded enterprise hardware company Brocade (NASDAQ: BRCD). StackStorm was funded by venture capital firm Xseed Capital, among other investors.
Stackstorm, founded by Evan Powell and Dmitri Zimine in 2013, launched from stealth mode in May 2014, and released its commercial offering (enterprise edition) in September 2015, which is designed to automate data center operations.
Travers Smith has advised international software and application management solutions group Micro Focus on its proposed acquisition of Serena Software, a leading provider of enterprise software focused on providing Application Lifecycle Management products for both mainframe and distributed systems.
Osborne Clarke has advised the owner of smartclip AG on its sale to Mediengruppe RTL Deutschland. Since 2008, smartclip bundles an online video inventory of more than 700 publishers worldwide and controls integration and delivery of video advertising on all internet-compatible devices. The company is both a strong marketer and technological innovator, promoting topics such as connected TV and multiscreen advertising.
Norton Rose Fulbright has advised SMIT Holdings Limited on its global offering and initial public offering on the Main Board of the Hong Kong Stock Exchange, which are expected to raise up to HK$291 million.
SMIT Holdings is a venture capital backed technology company and a leading security devices provider for pay TV broadcasting access worldwide and for mobile point-of-sale payment systems in China. The company is headquartered in Hong Kong, with offices in Shenzhen, China and Munich, Germany.
Weil is advising IHS Inc. in its definitive agreement to combine with Markit Group Limited in an all-share merger of equals valued at more than $13 billion. Upon completion of the merger, the combined company will be renamed IHS Markit, and will be a global leader in critical information, analytics and solutions with headquarters in London. The deal is set to close in the second half of 2016 and is subject to customary closing conditions.
Simpson Thacher represented LP Group BV, a portfolio company of a consortium of investors led by TDR Capital, in its acquisition of LeasePlan Corporation NV. LeasePlan is a global fleet management, driver mobility and vehicle leasing provider headquartered in the Netherlands and operates in 32 countries around the world.
Shearman & Sterling advised Hong Kong-listed ChinaSoft International Limited (ChinaSoft) on its issuance of convertible notes due 2019 to the subscriber Huarong International Asset Management Growth Fund L.P. (Huarong), a limited partnership established in the Cayman Islands by Huarong International Asset Management Great China Investment Fund Limited (Huarong Asset Management).
ChinaSoft is a leading provider of comprehensive software and information services in China, with more than 29,000 employees across the world.