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Technology, Media & Telecoms

Vinge advises Aspiro in connection with a public takeover offer from S. Carter Enterprises

03 Feb 2015

Vinge advises Aspiro AB (publ) in connection with the public takeover offer from Project Panther Bidco Ltd, indirectly owned by  S. Carter Enterprises, LLC, which is controlled by Shawn Carter. All shareholders of Aspiro are offered SEK 1.05 in cash per share in Aspiro and the total value of the offer amounts to approx. MSEK 464. The acceptance period for the offer is expected to begin on or about 19 February 2015 and expire on or about 11 March 2015.

Shoosmiths advises Rex Features on $33m acquisition by Shutterstock

02 Feb 2015

Shoosmiths has advised the shareholders of Rex Features, the largest independently owned photographic press agency in Europe, on its $33m sale to Shutterstock, Inc., a leading global provider of commercial digital imagery and music.

With Rex's editorial expertise and Shutterstock's technical prowess, the combined companies will bring a comprehensive offering to market across both editorial and commercial content.

DLA Piper advises XING on the acquisition of the largest job search engine in the German-speaking region

01 Feb 2015

DLA Piper has advised XING AG on the takeover of all shares in Intelligence Competence Center (Deutschland) AG.

The deal, will see XING AG paying a purchase price of some 6.3 million euro to all shareholders for 100 per cent of the shares. Depending on whether operating targets for 2015 and 2016 are achieved, the founder of Intelligence Competence Center AG may receive further purchase price payments up to a maximum of 2.4 million euro by February 2017.

Zhong Lun Advised Several Internet Companies on Private Financing

30 Jan 2015

TataUFO, the in-campus vertical social network application, completed its Series A private financing recently. Lightspeed China Partners and Ameba Capital were the investors in this round of financing. Zhong Lun Law Firm represented TataUFO in this deal.

iTouzi, the leading professional P2C investment & financing platform, completed its US$10 million Series A private financing recently. Delta Capital and Peeli Ventures were the investors in this round of financing. Zhong Lun Law Firm represented Delta Capital and Peeli Ventures in this deal.

Irwin Mitchell Leeds Advises On ASOS 3D Shopping Joint Venture

29 Jan 2015

The Corporate team at the Leeds office of law firm Irwin Mitchell has advised Trillenium UK Limited on a joint venture with ASOS Ventures Limited, the venture capital arm of ASOS plc.

The deal sees ASOS Ventures take a minority shareholding in Trillenium. Together, the two companies are to looking to explore the options for developing a unique 3D interactive shopping platform.

Hengeler Mueller advises Tele Columbus on IPO

28 Jan 2015

Tele Columbus AG (Tele Columbus) successfully completed its IPO with the initial listing of its shares on the Frankfurt Stock Exchange on 23 January 2015. The total issue volume was €510m.

With around 1.7 million connected households, Tele Columbus Group is one of Germany’s largest cable network operators with core presence in Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia as well as in numerous key regions in western Germany.

Noerr advises Augusta on Squeeze-out

26 Jan 2015

Noerr has advised Augusta Technologie AG (Munich) on a squeeze-out under merger law. At an extraordinary general meeting of Augusta, the transfer of the shares of the minority shareholders to the main shareholder TKH Technologie Deutschland AG was approved with reasonable cash compensation. The squeeze-out and the merger of Augusta into TKH will become effective on entry in the Commercial Register.

Lionbridge secures Financing

23 Jan 2015

VISCHER advises Lionbridge (Nasdaq: LIOX) on the Swiss law aspects of the revolving credit agreement with HSBC Bank USA, National Association providing for a 5-year $100 million revolving credit facility and a 5-year $35 million term facility. Proceeds are intended to be used for the Company's acquisition of CLS Communication in Switzerland and related companies. Upon the closing of the Company's acquisition of CLS Communication the facility will among other be secured by a pledge related to this entity. The VISCHER-Team is led by Dr.

Schoenherr advises AIM Software Group on investment by Welsh, Carson, Anderson & Stowe

22 Jan 2015

Schoenherr advised AIM Software Group ("AIM") on the receipt of an investment from and transfer of a majority interest to U.S.-based private equity firm Welsh, Carson, Anderson & Stowe (“WCAS”). AIM is a leading provider of data management software products to the financial services industry. Under the terms of the transaction, which was announced on 14 January 2015, AIM’s existing management team will continue to operate the business and maintain a significant ownership stake in the company.