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Technology, Media & Telecoms

Rothermere Continuation - agreement on the acquisition of ordinary voting shares of Daily Mail and General Trust

01 Jul 2013

Slaughter and May is advising Rothermere Continuation Limited on a definitive agreement to acquire the entire shareholding of The Esmond Harmsworth 1998 Settlement in the Daily Mail and General Trust plc ('the Company') ordinary voting shares. The agreement will increase Rothermere Continuation Limited's shareholding of ordinary voting shares in the Company from 59.9% to 89.2%. Rothermere Continuation Limited is owned by a trust for the benefit of the Viscount Rothermere and his immediate family.

Eversheds Ots & Co advised the acquisition of the UK SMS mobile marketing company TextMagic Ltd

25 Jun 2013

Law office Eversheds Ots & Co, co-operating with the independent financial adviser Nordic CF Advisory assisted Monday Media OÜ from Estonia to acquire the UK mobile marketing company TextMagic Ltd.

The transaction involved sale of the 55% share of the company previously held by UK shareholders. Management of the marketing, developing and sales activities of the company acquired is carried out from Estonia since 2007.

The advisory team supporting the client was lead by the attorney-at-law and partner Maivi Ots.

Charles Russell advise Halma plc (LSE: HLMA) on its acquisition of optical flame detector producer Talentum

19 Jun 2013

The Charles Russell Technology team advised Halma (the leading FTSE 250 safety, health and environmental technology group) on its acquisition of Talentum.   Talentum is a technology bolt-on for Halma's Infrastructure Safety business, Fire Fighting Enterprises ('FFE'). As a result of the transaction the respected Talentum brand of optical flame detectors joins FFE's established product offering of Fireray infrared beam smoke detectors.

Taylor Wessing Middle East advises Mediaquest on acquisition of AME Info FZ-LLC

11 Jun 2013

Taylor Wessing Middle East has advised leading regional media business, Mediaquest, on its acquisition of the AME Info and SME Info websites, two of the leading business outlets for news and information in the Middle East and North Africa region from AME Info FZ-LLC, owned by Top Right Group.

The Taylor Wessing Middle East team was led by recently arrived corporate finance partner, Tahir Ahmed, with assistance from associates, Melissa Forbes and Sanjanaa Chindalia.

DLA Piper advises Rolta on US$200 million high yield bond offering

10 Jun 2013

DLA Piper has advised Rolta India Limited (Rolta) on the first Rule 144A/Regulation S high yield bond offering from India after the successful pricing of US$200 million of 10.75% Senior Notes in the international markets. The Notes will be listed on the Singapore Exchange Securities Trading Ltd. (SGX-ST).

Rolta India is a technology company based in India, with operations in 40 locations around the world. It has a significant focus on the defense industry and homeland security.

Allen & Overy advises SAP on the financing of the takeover of e-commerce technology provider hybris

07 Jun 2013

Allen & Overy LLP advised SAP AG, the world leader in enterprise software, in connection with the financing of its acquisition of hybris AG, the industry leader in e-commerce platform technology headquartered in Zug, Switzerland. SAP AG and hybris AG announced a corresponding agreement on 5 June 2013.

Squire Sanders Advises Cloud Computing Specialist, Outsourcery, on AIM Listing

23 May 2013

Global legal practice Squire Sanders has advised cloud computing specialist Outsourcery on its admission to AIM, due to take place on 24 May with a market value of £34.6million.

Outsourcery which is headquartered in Manchester and co-founded by new Dragons Den star Piers Linney provides a range of cloud-based IT and communications services and is the largest company to go public this year.