IBM has signed an outsourcing agreement with Deutsche Lufthansa under which IBM will acquire Deutsche Lufthansa's IT infrastructure business with approximately 1,400 employees and deliver IT infrastructure services to Deutsche Lufthansa over a term of seven years. The contract volume amounts to approximately €1bn for the entire term.
The Bosch Software Innovations GmbH, based in Berlin has a smartphone app designed-in plug hybrids from Mercedes-Benz and smart future find almost all Internet-enabled charging stations with the drivers of electric cars or regardless of the provider and use as well as requesting by may pay phone. To this end, cooperation agreements between different actors in the field of e-mobility were made.
DLA Piper has advised Alternative Investment Market (AIM)-listed Seeing Machines Limited on the Australian component of its most recent fundraising initiative, to raise a maximum of approximately £6.66 million (approximately AU$12.3 million).
White & Case LLP has advised Telekom Austria Group on its €1 billion capital increase. During the capital increase, free float investors subscribed to 25.5 million new shares each priced at €4.57. Combined with the obligations of core shareholders América Móvil (including Carso Telecom) and Österreichische Energieholding AG, participation was approximately 99.7 percent. This high level of take up during the subscription period means there is no need for a further, so-called 'rump' placement of shares.
Castren & Snellman acted as the legal advisor to the shareholders of Paytrail Oyj in the sale of the majority of the shares in the company to Nets.
Paytrail is a Finnish based e-commerce payment service provider with about 4,500 merchants and more than 10,000 online stores and services in its network. Nets is the leading Nordic provider of payments, card and information services.
Noerr LLP has advised UK-based Logicalis Group on the acquisition of Inforsacom, a German IT services and solutions provider. A Noerr team led by the Munich M&A partner Dr. Florian Becker supported Logicalis with this transaction.
Wirecard Group aquired all shares of Amara Technology Africa Proprietary Limited, located in Cape Town, South Africa, including one subsidiary. The Amara Group was founded in 2005 and is sold by a local investor and its founder, who will remain in the management team.
Olswang has advised telecoms giant Belgacom on the sale of the business and assets of its subsidiary Telindus UK to technology services company Telent. The newly acquired business will be re-named Telent with immediate effect and contribute an annual turnover of over £45 million. The sale follows on from the disposal of Telindus France earlier this year.
Olswang has advised The People's Operator (TPO), the cause-based commercial mobile virtual network operator (MVNO), on its admission to trading on the London Stock Exchange's AIM market. The company raised £20 million, and the company has a market capitalisation on admission of approximately £100 million.
Olswang has advised Grabyo, the clip sharing service, and its founder, Will Neale, on a $2m equity investment from an array of major sports stars. The investors and global ambassadors include Premier League Football stars Cesc Fabregas and Robin van Persie, New York Red Bulls star Thierry Henry and current NBA champion Tony Parker.