DLA Piper represented EagleView Technology Corporation (EVT), a provider of geo-referenced aerial image capture and visual-centric data analytics and solutions, in the negotiation of the agreement by which EVT will be acquired by Verisk Analytics, Inc. for US$650 million. The transaction is subject to customary closing conditions, including the receipt of necessary regulatory approvals.
The acquisition will provide Verisk with comprehensive and robust capabilities in aerial imagery collections, geospatial analytics and 3D measurement technologies. In 2013, DLA Piper also represented EagleView Technologies, Inc. in its US$400 million merger with Pictometry International, which created the combined company EVT.
The DLA Piper team representing EVT was led by corporate partner Michael Hutchings and included Trenton Dykes, Stellman Keehnel, Aravind Swaminathan, John Steel, Anthony Kappus, Rachel Perkins Worth, Tyler Hollenbeck, Laura Epler Klein, Kerra Melvin, Andrew Escobar, and Vieng Keophilavanh in Seattle; Jeffrey Aronson, David Plewa, Nathaniel McKitterick and Shane Nix in Silicon Valley; Fernand Lavallee, Brad Jorgensen, Catherine Campbell and Brian Chilton in Washington, DC; James Telfer and Mark Boxer in San Francisco; Paolo Morante in New York; Merrili Escue in San Diego; Gina Zawitoski in Baltimore; Kate Lucente in Tampa; and John Reed in Wilmington.