Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 15-06-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Comverse, Inc Agreement to Acquire Acision | Industry: | Software & Computer Services |
| Description: |
White and Case LLP advised Comverse, Inc, a global leader in digital services headquartered in Wakefield, Massachusetts, United States, on its agreement to acquire Acision, a privately held leader in secure mobile messaging and engagement services, based in Reading, United Kingdom.
The purchase price consisted of USD135 million in cash, 3.13 million shares of Comverse's common stock, and potential earnout payments of up to USD35 million.
Ross Allardice and Gavin Weir.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | White & Case |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Gavin Weir |
