A team at Bevan Brittan led by Richard Hiscoke, has advised on the sale of the business of Buckinghamshire's rural broadband provider, Aylesbury Vale Broadband (AVB), to Gigaclear, the leading provider of full fibre broadband in rural locations. The deal will enable Gigaclear to serve the seven villages connected through AVB, as well as expand its existing ultrafast fibre-to-the-premises (FTTP) network further across Aylesbury Vale.
Paul, Weiss is representing Xerox Corporation in its combination with Fuji Xerox, its longstanding joint venture with FUJIFILM Holdings Corporation. The combined company will be a global leader in innovative print technologies and intelligent work solutions, with annual revenues of $18 billion and leadership positions in key geographic regions.
Fried Frank acted as counsel to VIAVI Solutions Inc. (NASDAQ: VIAV) in its definitive agreement to acquire the Test and Measurement business of Cobham plc (LSE: COB) for US$455 million. This transaction will significantly strengthen VIAVI's competitive position in 5G deployment and diversify the company into military, public safety and avionics test markets. The acquisition has been approved by the Board of Directors of each company and is expected to close during the second half of VIAVI's fiscal year 2018, subject to customary closing conditions. VIAVI Solutions Inc.
Davis Polk advised Millicom International Cellular S.A. on the sale to subsidiaries of Bharti Airtel Limited of its business in Rwanda, which is operated under the brand “Tigo.”
Millicom is a telecom and media company dedicated to emerging markets in Latin America and Africa, providing mobile services to more than 57 million customers. Airtel, headquartered in India, is a global telecommunications company with operations in 17 countries across Asia and Africa, ranking amongst the top 3 mobile service providers globally in terms of subscribers.
Eyeonid Group AB (publ), listed on NGM Nordic MTF, providing proactive identity theft protection services on the Internet, has on 30 January 2018 entered into a financing agreement of up to SEK 100 million.
The transaction is made by issue of convertible notes with free detachable warrants to the investor, European Select Growth Opportunities Fund, and to existing shareholders. The financing will secure the company’s continued international expansion.
Baker McKenzie has advised SAP, the German software giant which specializes in software and services for businesses, in the context of its acquisition of the start-up Recast.ai.
This transaction will allow SAP to complete its machine learning service offering and is part of the €2 billion investment plan to promote innovation in France which was launched by the software publisher in January 2018.
Baker McKenzie has advised Eurazeo Croissance in the framework of series B fundraising for ContentSquare, led by the American investment fund Canaan, seeking primary and secondary funding from certain existing shareholders.
Global law firm Norton Rose Fulbright has advised Thomson Reuters Founders Share Company on the sale of Thomson Reuters Corporation on a majority stake in its financial and risk business (“F&R Business”).
Mason Hayes & Curran are advising Chronicle, Google X’s cyber security initiative, on data protection matters, including General Data Protection Regulation (GDPR).
Google X is the same team that pioneered the self-driving car.
In December 2017, King & Wood Mallesons (“KWM”) advised Beijing Horizon Robotics Technology Research and Development Co., Ltd. (“Horizon Robotics”) on its successful series A+ financing. This preferred equity financing raised approximately US$100 million. Although Horizon Robotics was only established two years ago, it has achieved extraordinary growth in its business valuation and has strengthened its competitive edge in the artificial intelligence (“AI”) industry as a result of this transaction.