Paul, Weiss client Hemisphere Media Group, Inc. announced that Hemisphere Media Holdings, LLC, its indirect wholly owned subsidiary, has entered into a definitive agreement to acquire three Spanish-language cable television networks, Pasiones, Centroamerica TV and TV Dominicana, from Media World, LLC, a company fully owned by Imagina US, a major content and service provider in the Hispanic market, for approximately $102.2 million in cash, subject to certain post-closing adjustments. The acquisition is structured as an asset purchase and is expected to be funded with cash on hand.

WilmerHale has won two appeals at the US Court of Appeals for the Federal Circuit–one for client Somaxon Pharmaceuticals and one for client Intel Corporation. Each client had defeated patent infringement claims in the district court and those judgments were affirmed by the Federal Circuit.

Freshfields Bruckhaus Deringer has advised Alibaba Group (Alibaba), China’s largest e-commerce company, on its US$170m joint investment with Yunfeng Capital into CITIC 21CN Co. (Stock Code: 241), a member company of CITIC Group.

Kirkland & Ellis represents TPV Technology Limited (listed on both Hong Kong and Singapore stock exchanges) in its proposed acquisition of the remaining 30-percent stake in TP Vision, the television joint venture with Koninklijke Philips N.V. (Philips; NYSE: PHG, AEX: PHIA). The parties announced the signing of a term sheet for the proposed acquisition on January 20, 2014. The signing of definitive agreements is expected to take place in the first quarter of 2014.

DLA Piper represented Groupon in its acquisition of Ideeli, a New York-based online fashion retailer, for US$43 million. Founded in 2007, Ideeli is one of the largest fashion flash sites and provides discounted access to top brands in apparel, accessories and home décor. The acquisition enhances Groupon’s fashion offerings and industry relationships with strategic brands.

Freshfields Bruckhaus Deringer has advised Guardian Media Group plc, publisher of theguardian.com and the Guardian and Observer newspapers, on its agreement to sell its 50.1% stake in Trader Media Group to its joint venture partner Apax Partners.

The Trader Media disposal, subject to regulatory approval and final completion, forms part of a five-year digital-first strategy that has delivered increasing advertising revenues, improved circulation figures and enhanced investment returns as GMG focuses on its core assets.

Dechert advised Kofax Limited, a leading provider of smart process applications for the business critical First MileTM of customer interactions, on its reorganization proposals to create a new holding company incorporated in Bermuda with a premium listing on the London Stock Exchange and a listing on the NASDAQ Global Select Market.

Jones Day is advising Verint Systems Inc. in the acquisition of KANA Software, Inc., a portfolio company of Accel-KKR and a leader in customer service solutions delivered both on-premises and in the cloud, for $514 million. The acquisition will revolutionize customer engagement and empower organizations to enhance customer loyalty, maximize revenue, reduce operational costs, and mitigate risk.

Kirkland & Ellis represents 21st Century Fox in its sale of a 47 percent stake in Star China TV to its joint venture partner, China Media Capital. The sale was announced on January 2, 2014. Star China operates three 24-hour Mandarin channels: Xing Kong, Xing Kong International and Channel [V] Mainland China, as well as the Fortune Star Chinese movie library.

The team was led by corporate partners Nicholas Norris and Steven Tran, with assistance from corporate associates Joey Chau and Anthony Chan, and debt finance partner Ashley Young and associate Aly Kassam.

Dechert LLP’s Paris office advised MarketScience France (“MarketScience”), which specializes in data-mining solutions, in connection with its fundraising and its partnership with Pentalog, a French-based information technology company operating in France and Eastern Europe. MarketScience is developing an application that will aid analysts and traders in investment decisions by compiling information from global financial markets. It will be available through Bloomberg. Pentalog’s investment in MarketScience is structured in two tranches, via the issuance of complex securities.