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Technology, Media & Telecoms

Baker McKenzie Advises Chinese High-tech Group HGZN on Acquisition of NIMAK Group

31 Oct 2018

Baker McKenzie advised Jiangsu Hagong Intelligent Robot (Ha Gong Zhi Neng, HGZN), a Chinese robot manufacturer, on the acquisition of the German family owned company NIMAK (NIMAK GmbH, NIMAK KG and Nickel GmbH). The transaction volume amounts to 88 million euros and is transacted via HGZN's subsidiary, Herkules Intelligent Technology GmbH & Co. KG, headquartered in Germany. Further, 60 percent of the sister company NIMAK China will also be taken over.

Davis Polk Advises StoneCo Ltd. on Its Initial Public Offering, NASDAQ Listing and Concurrent Private Placement

31 Oct 2018

Davis Polk advised StoneCo Ltd. on its $1.4 billion initial public offering of 58,333,333 shares of Class A common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. The shares of Class A common stock are listed on the NASDAQ Global Select Market under the symbol “STNE.” In addition, Davis Polk advised StoneCo Ltd. on its $100 million private placement of 4,166,666 shares of Class A common stock to Ant Financial.

Burges Salmon advises Artemis Technologies on facility for world-first sailing vessel

31 Oct 2018

Burges Salmon advises Artemis Technologies on Belfast facility for first zero-emissions automated sailing vessel.

Burges Salmon’s team of cleantech lawyers have advised Artemis Technologies on a new facility in Belfast Harbour, which will house the engineering team designing the world’s first zero-emissions automated catamaran. 

Freshfields advises on US$1.25bn investment in Airtel Africa

30 Oct 2018

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Airtel on a US$1.25bn investment in Airtel Africa by six leading global investors including Warburg Pincus, Softbank, Temasek and Singtel. The deal is one of Africa’s largest cross-border M&A transactions in 2018.  Airtel is headquartered in India and is the world's third-largest mobile network operator, and its subsidiary Airtel Africa is the second largest telecom operator in Africa, with operations in 14 countries and a customer base of 91 million.

Schulte Advises Noventis in Acquisition by WEX

26 Oct 2018

Schulte advised Noventis, an electronic payments network focused on optimizing payment delivery for bills and invoices to commercial entities, as payments regulatory counsel, in its sale to WEX Inc., a leading provider of corporate payments solutions. The transaction will expand WEX’s corporate payments business while also enhancing Noventis’ offerings to its customers. The transaction was announced on Oct. 22, 2018 and is expected to close the first half of 2019.

DLA Piper advises DASAN Zhone Solutions on intended acquisition of KEYMILE

25 Oct 2018

DLA Piper has advised NASDAQ-listed DASAN Zhone Solutions (DZS), a global leader in fiber access transformation for enterprise and service provider networks, on its intended acquisition of KEYMILE, a leading solution provider and manufacturer of telecommunication systems for broadband access. The current shareholders are the Private-Equity investors Riverside and Haller. With this strategic acquisition, DZS further expands its global presence and accelerates its global orientation.

MongoDB Acquires mLab

24 Oct 2018

Cooley advised MongoDB on its agreement to acquire mLab, a cloud database service. The acquisition is expected to close in November. Cooley partner Steve Tonsfeldt led the team advising MongoDB on the transaction.

According to MongoDB, the acquisition will help deepen its relationships with developer-centric startup communities, a segment with which mLab has been very successful. The combination will also allow it to grow its proprietary automated cloud service, MongoDB Atlas.