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Allen & Overy advises purchaser of Math 42 app

24 Oct 2017

Allen & Overy LLP advises Chegg, Inc. – the New York Stock Exchange listed connected learning platform (NYSE: CHGG) – on all legal aspects of the acquisition of Cogeon Gesellschaft für intelligente Lösungen mbH, a Germany-based provider of adaptive math technology and developer of the math app, Math 42 (www.math-42.com).

Math 42 is a trusted math learning app, offering step-by-step exercises, concept walk-throughs, and personalized assessment, built upon an artificially intelligent learning engine.

Chegg is the leading student-first, interconnected learning platform. They provide educational services that are online, on-demand, personalized, and backed by a network of human help. With this acquisition, Chegg will enhance its ability to tackle math deficiencies with tools to better prepare students for success, both in and out of the classroom.

In house counsel (Chegg): Dave Borders.

The Allen & Overy team is co-led by senior associate Alexander Wüpper and partner Dr. Hartmut Krause (both Corporate/M&A, Frankfurt).

They are supported by partner Dr. Asmus Mihm and senior associates Dominic Paschke (both Tax), partner Dr. Hans-Peter Löw, senior associates Boris Blunck (both Employment) and associates Tatiana Marzoli and Gregor Petric (both Corporate/M&A, all Frankfurt), partner Dr. Jens Matthes, senior associate Miray Kavruk and associate Jennifer Sauer (all IP) and partner Tobias Neufeld and associate Catharina Glugla (both data protection, all Düsseldorf).

Matter Type
M&A: Acquiror's Counsel
Industry
Technology, Media & Telecoms
News Category
M&A
Technology, Media & Telecoms