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Technology, Media & Telecoms

Clifford Chance advises Nielsen on redomiciliation to the UK by way of innovative European cross-border merger

08 Sep 2015

Nielsen has completed its reorganisation by way of cross-border merger pursuant to which Dutch based Nielsen N.V. merged into and became Nielsen Holdings plc, a public limited company incorporated under the laws of England and Wales whilst retaining its listing on the New York Stock Exchange. The transaction marked one of the first examples of utilizing a cross-border merger available following implementation of European rules on cross-border mergers in individual member states to give effect to a corporate restructuring resulting in a redomiciliation.

Pulsant acquires IT consultancy business of Spinnaker Red

04 Sep 2015

Travers Smith LLP has advised Pulsant, the cloud computing, managed hosting and colocation expert, on the acquisition of the IT consultancy business of Spinnaker Red.

Travers Smith has a long-standing relationship with Pulsant, having previously advised it on the acquisitions of Lumison, BlueSquare, DediPower and Scolocate. The firm also advised the shareholders of Pulsant in relation to the sale of Pulsant to, and their re-investment along-side, Oak Hill Capital Partners and Scottish Equity Partners in July 2014.

Slaughter and May is advising The Innovation Group - proposed acquisition by Bidco

02 Sep 2015

Slaughter and May is advising The Innovation Group PLC (TIG) on its proposed acquisition by Axios Bidco Limited (Bidco), an entity controlled by funds managed by the Carlyle Group. The recommended offer was announced on 28 August 2015 and values TIG at approximately £499 million. Under the terms of the offer, TIG shareholders will be entitled to receive 40 pence in cash for each TIG share held.

DLA Piper represents cloud computing company Kerensen in combination with salesforce.com

01 Sep 2015

DLA Piper represented Kerensen Consulting, a leading cloud computing solutions firm, in its acquisition by salesforce.com France SAS, a subsidiary of salesforce.com, Inc. (NASDAQ: CRM).

Kerensen, founded by Michel Assouline and Alain Attias, provides business consulting, cloud solution management and digital customer experience services to European companies from its operations in France, Israel, Italy and Morocco. Salesforce.com said in a statement that Kerensen’s product offerings are now available on the salesforce Customer Success Platform.

DLA Piper represents Docea Power SAS in acquisition by Intel

01 Sep 2015

DLA Piper represented Docea Power SAS, a leading provider of virtual prototyping solutions, in its acquisition by Intel Corp., an American multinational technology company and the world's largest semiconductor manufacturer.

In a statement, Intel said the acquisition of Docea Power will elevate its expertise and service offerings in modeling and optimizing the thermal behavior and power consumption of electronic systems.

King & Wood Mallesons advises PPTV on the acquisition of the broadcasting rights of the Spanish Soccer League in China

01 Sep 2015

King & Wood Mallesons (KWM) has advised PPTV on the acquisition of the exclusive broadcasting rights of the Spanish Soccer League (La Liga) matches in China. The deal is worth €250 million and is one of the most significant broadcasting agreements signed by La Liga in the last few years.

PPTV will control the retransmission of La Liga for the next five seasons, from 2015/16 to 2019/2020.

The transaction was led by Corporate partner Roberto Pomares.
China outbound

P+P advised on sale of RTS Elektronik Systeme to Media-Saturn-Holding

26 Aug 2015

P+P Pöllath + Partners advised the founders and managing shareholders of RTS Elektronik Systeme GmbH on the sale of its participation to Media-Saturn-Holding GmbH. The Berlin financial investor capiton also sold its participation at the same time. Media-Saturn-Holding is acquiring 90% of the RTS Group.

The conclusion of the transaction is subject to the approval of the antitrust authorities. The purchase price remains confidential.

P+P advised the majority shareholders of RTS in 2009 in the course of capiton's initial participation.