Castren & Snellman assisted the German ADVA Optical Networking SE, which is listed on the Frankfurt Stock Exchange, in its acquisition of the entire share capital of Time4 Systems Oy. Time4 Systems Oy provides innovative network synchronisation solutions, especially in relation to TDD (Time Division Duplex) technologies.

ADVA, a provider of innovative connectivity solutions to clients in the telecommunications industry, posted revenues of EUR 339 million in 2014 and employed nearly 1,500 people globally.

The C&S team was headed by partner Jarno Tanhuanpää, who was supported by associate Anna Tynkkynen.