Castres ad Snellman acted as the legal advisor to Aura Capital and other sellers in the sale of the Bluegiga Technologies to Silicon Labs (NASDAQ: SLAB) for approximately EUR 54 million.

Bluegiga is one of the fastest growing independent providers of short-range wireless connectivity solutions and software for the IoT. Bluegiga’s wireless portfolio includes ultra-low-power Bluetooth Smart, Bluetooth Classic, and Wi-Fi modules, as well as software stacks, development tools and software development kits (SDKs) for a multitude of applications in the industrial automation, consumer electronics, audio, automotive, retail, residential, and health and fitness markets.

Silicon Labs is a leading provider of silicon, software and system solutions for the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets.

The C&S team was headed by Partner Kimmo Rekola from our Private Equity & Venture Capital service. The transaction team included also Counsel Joni Painilainen and Associate Lauri Kivikari from our M&A service, Associate Kim Parviainen from the Technology, Media & Telecommunications service and Associate Heidi Sohlman from our Employment service. Our transaction team was supported by experts from our Corporate Advisory & Tax services.