Hogan Lovells advised Onexim Sports and Entertainment Holding USA, Inc. and Brooklyn Nets owner Mikhail Prokhorov on the sale of a 49% interest in the Brooklyn Nets to Joe Tsai. Mr. Tsai is executive vice chairman and co-founder of Alibaba Group, a global internet company with businesses in e-commerce, cloud computing, and digital entertainment.

Ropes & Gray has advised BigHand, a leading provider of productivity software to the legal market – and a portfolio company of Bridgepoint, the international private equity group – on its acquisition of DW Reporting, a legal business intelligence and matter pricing provider. Financial details of the acquisition have not been disclosed.

The deal will enhance BigHand’s software product suite as well as accelerate growth opportunities in the North American market.

The Firm is representing Alibaba Group Holding in its acquisition of all of the outstanding shares that it does not already own in Ele.me, a leading online delivery service in China, to deepen the platform’s integration into Alibaba’s ecosystem and further expand the technology company’s New Retail strategy for local services. The transaction implies an enterprise value of $9.5 billion for Ele.me. Alibaba and its affiliate, Ant Small and Micro Financial Services Group, currently own approximately 43% of Ele.me.

Paul Hastings, a leading global law firm, announced today that the firm advised Sansei Technologies, Inc. (“Sansei Technologies”), an Osaka-based public company engaged in the design, manufacture, repair and maintenance of amusement rides, stage equipment and elevators, on its 100% acquisition of leading global roller coaster manufacturer Vekoma Rides B.V. (“Vekoma”).

Dentons secured a resounding victory for client Nistica, Inc. in one of the largest patent cases litigated in recent years in the U.S district courts, Finisar Corp. v. Nistica, Inc., Case No. 5:13-cv-03445. On April 5, the Federal Circuit Court of Appeals in Washington, DC ruled unanimously affirming Nistica’s complete victory in two jury trials in this large 6-patent case. The Federal Circuit’s order came within 24-hours of the oral argument.

Eversheds has advised intive as its Finnish counsel in the cross-border downstream merger of BLStream Oy and its Polish subsidiary BLStream S.A.  As a result of the merger, all assets and liabilities of BLStream Oy were transferred to BLStream S.A. and BLStream Oy was dissolved. The merger was a part of a reorganisation of intive’s legal structure.

DLA Piper has advised U Global Holding AB on the sale of Universum to the online job platform StepStone, a company of Axel Springer SE.

The transaction is subject to competition authority approvals. Universum is the global leader in employer branding.

Baker McKenzie has advised Claranova on the signing of an agreement  to takeover a group of three companies with the aim of strengthening its Internet activity, which is currently run by its Avanquest division.

Based in Canada, this group of companies from the IT sector is present in most countries and focuses on the following three areas of activity:

E-commerce processing through Upclick, one of the world’s most modern platforms;

Nasdaq and Toronto Stock Exchange listed Mitel Group sells its German direct systems integrator DeTeWe Communications GmbH to Ostertag. Taylor Wessing has been advising Mitel in this transaction, through which Mitel is selling its non-core system integration business to Ostertag, a prominent platform-independent ICT systems integrator in Germany. Upon Closing, DeTeWe Communications, as part of the Ostertag Group, will continue to be a channel partner for Mitel in Germany, and all other existing suppliers.

DLA Piper has advised elite sports technology company Catapult Group International Limited (ASX:CAT) on its successful AU$25 million institutional placement to fund its growth strategy.