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Technology, Media & Telecoms

Acting for Sky as rights holders turn to private prosecutions

20 Aug 2018

Mishcon de Reya has acted for Sky in the private prosecution of an individual, Warren Gleave, who had unlawfully made in excess of £200,000 by selling - via online marketplaces - devices that provide access to Sky and other premium content being streamed illegally.

In May Mr Gleave pleaded guilty to an offence of knowingly participating in a fraudulent business, contrary to section 9 of the Fraud Act 2006. On 16 August, he was sentenced to 16 months' imprisonment.

Diligent Corporation Acquires Secure Communication Software Provider Brainloop

17 Aug 2018

Willkie Advised Diligent in the transaction.

Diligent Corporation, a leader in enterprise governance management, announced its acquisition of Brainloop, a supplier of virtual data room software used within the enterprise for high-security collaboration on confidential documents. As part of U.S.-based Diligent, Brainloop will continue to operate as an independent company and serve its clients under the Brainloop brand, while having the opportunity to leverage Diligent’s robust global network.

PJSC MegaFon in Joint Venture

16 Aug 2018

Cleary Gottlieb is representing PJSC MegaFon, which has announced its intention to incorporate a joint venture with JSC Gazprombank, Rostec Corporation, and USM Holdings to develop digital services and implement projects in the digital economy.

The partnership will bring together the expertise of these leading businesses – in telecommunications, IT, financial services, and hi-tech sectors of industry – enabling them to enter new markets and create cross-sector industrial solutions.

Electronic Data Processing Completes Multi-Million Pound Sale

16 Aug 2018

Irwin Mitchell Advises On £12m Deal

The Sheffield office of law firm Irwin Mitchell has advised Electronic Data Processing Plc on its £12m sale to Eagle Bidco 2018 Limited.

The boards of EDP and Eagle Bidco 2018 Ltd reached an agreement on the terms of a recommended cash offer in July. The acquisition was sanctioned by the High Court last week and has completed today.

Osborne Clarke advises Allgeier SE on acquisition of iQuest Group

16 Aug 2018

Osborne Clarke has advised Allgeier SE on the acquisition of iQuest Group. The acquisition sees Allgeier acquire a majority interest in the software development company.

With this transaction, Allgeier expands its competence in the development of complex software solutions for business-critical processes and continues the group’s internationalisation. With the expansion of its near shoring resources, Allgeier will offer greater scalability through a flexible, customer-orientated service and delivery model.

Travers Smith advises ITRS Group on the acquisition of OP5

16 Aug 2018

Travers Smith LLP has advised the ITRS Group (ITRS), the leading provider of real-time monitoring and analytics for financial services, on its acquisition of OP5, a Stockholm headquartered global leader in providing IT monitoring and log analysis technology.

The Travers Smith team was led by Private Equity Partner Emma Havas and Senior Associate Tom Hartwright.

Latham & Watkins Advises HKBN Ltd. on the Acquisition of WTT Holding Corp

14 Aug 2018

Latham & Watkins is advising HKBN Ltd. on its entry into a Merger Agreement with MBK Partners and TPG (who jointly own 100% of WTT), pursuant to which HKBN through its wholly owned subsidiary has agreed to conditionally purchase all of WTT's shares in exchange for issuing a combination of HKBN shares and Vendor Loan Notes to MBK Partners and TPG. The transaction values WTT at HKD10.5 billion.