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Technology, Media & Telecoms

Osborne Clarke advises Total Media on joint venture with Mediaplus

23 Mar 2018

Osborne Clarke has advised Total Media Group (TMG) on the formation of a joint venture with Mediaplus International. Within the joint venture, the two partners have established companies in London and Munich under the Total Mediaplus label.

Total Mediaplus offers an integrated product range of media planning and activation services, including the development of media strategies and advertising measures as well as the implementation of digital strategies involving a full channel mix.

Shoosmiths advises software company on $20m Silicon Valley fundraise

23 Mar 2018

The corporate team at Shoosmiths has advised Matillion, a fast-growing provider of disruptive cloud-based integration software, in a Series B fundraise of $20m.

The company, based in Altrincham, south Manchester and New York City, has brought on board two major Silicon Valley institutional investors, Sapphire Venture and Scale Venture Partners, to further accelerate its international expansion.

Existing UK investor YFM Equity Partners has also increased its stake in the company, which in 2017 saw annual recurring revenue soar 260%.

Slaughter and May advised Michael Chambers / Orbach & Chambers Holdings Ltd on the sale of Chambers & Partners

22 Mar 2018

Slaughter and May advised Michael Chambers / Orbach & Chambers Holdings Limited on the sale of Chambers & Partners to the global private equity firm Inflexion.

Founded by Michael Chambers in 1990, Chambers & Partners provides rankings of and research on over 80,000 lawyers and law firms in 185 jurisdictions worldwide, and is considered a definitive guide to the legal profession used by clients and law firms.
Contacts

Heuking Kühn Lüer Wojtek advises AL-KO KOBER SE on the acquisition of WITTE Stromberg together with consortium of buyers

21 Mar 2018

A team led by Munich-based partner Boris Dürr advised AL-KO KOBER SE technology group on the acquisition of hinge technology specialist WITTE Stromberg GmbH, a subsidiary of WITTE Automotive, the automotive supplier for vehicle access systems. AL-KO KOBER takes over WITTE Stromberg together with a consortium of buyers including Endurance Capital AG and a private investor. With the acquisition of this renowned supplier, AL-KO KOBER intends to expand its activities in the automotive sector and grow further.
 

Clyde & Co advises OxSyBio Limited on life sciences research funding round

20 Mar 2018

Clyde & Co has advised OxSyBio Limited, a UK-based 3D bioprinting developer, on a multimillion funding round securing funds from investors including Parkwalk Advisors, owned by the firm IP Group.

OxSyBio, founded in 2014, develops 3D printing techniques to produce a range of tissue-like materials and functional tissues for medical research and clinical applications. So far, OxSyBio has developed a 3D-printing technique capable of producing human cell-like structures and long-term they hope to refine the technology to offer organ repair and replacement capabilities.

Ropes & Gray Advises Ensono on its $405 Million Acquisition of Data Center Business from Wipro

19 Mar 2018

Ropes & Gray has advised Ensono, a leading hybrid IT services provider based in the US and Europe, on its $405 million acquisition of the hosted data center services business from Wipro Limited, a leading global IT consulting company.

As a result of the deal, which was announced on March 14, 2018, Ensono – a portfolio company of Charlesbank Capital – has acquired eight data centres, employing over 900 people, significantly expanding its geographic footprint and global services capabilities.

DLA Piper advises Wipro on the USD 405 million sale of its hosted data centre services business to Ensono

19 Mar 2018

DLA Piper has advised Wipro Limited, a leading global IT consulting and business process services company, on its entering into a definitive agreement to divest its hosted data centre services business to Ensono for US$405 million.

This divestment, which is expected to close in the quarter ending June 2018 following the completion of customary closing conditions and regulatory approvals, allows Wipro to unlock value by transitioning eight data centres and over 900 employees of its hosted data centre services business to Ensono.

Tencent Invests in YY Subsidiary Huya

15 Mar 2018

Paul, Weiss represented Chinese internet giant Tencent in its Series B equity financing in Huya Inc., a subsidiary of YY, a leading China-based esports live-streaming social-media platform. The financing round involves an approximately $461.6 million investment into Huya. Upon the completion of this transaction, YY maintains control over Huya. Tencent has a right, exercisable between the second and third anniversary of the closing date, to purchase additional Huya shares at fair market price to reach 50.1 percent of the voting power in Huya.