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Deal Date: 28-04-2014 Practice Area: Corporate and M&A
Deal Title: Gruner and Jahr Acquisition of VideoPlay Industry: Media
Description:
DLA Piper advised the publishing group Gruner and Jahr on the acquisition of VideoPlay, a video platform and its underlying technology from V-Bazzar Digital Group. VideoPlay is a digital marketplace for videos, advertising and data traffic. The buyer of the video platform is a subsidiary of Gruner and Jahr, NetworkPlay. Through this strategic investment, Gruner and Jahr and NetworkPlay are extending their digital portfolio and further strengthening the group and its position in the growing Indian media and advertising market. The DLA Piper team was led by partner Dr Benjamin Parameswaran and comprised associates Sebastian Decker and Christopher Albien (all Corporate, Hamburg).
Financial Center: Hamburg Value: 0.00-0.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Germany Acquiror Jurisdiction: Germany
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Benjamin Parameswaran