Cleary grabs mandates on pair of Google deals including €3bn mobile sale
Cleary Gottlieb Steen & Hamilton has scored roles on a brace of deals for Google, including the internet search giant's proposed €3bn (£1.8bn) sale of Motorola Mobility to Lenovo.
January 30, 2014 at 06:53 AM
2 minute read
Cleary Gottlieb Steen & Hamilton has scored roles on a brace of deals for Google, including the internet search giant's proposed €3bn (£1.8bn) sale of Motorola Mobility to Lenovo.
Pending regulatory approval, the deal would make tech company Lenovo the world's third largest smartphone provider after Samsung and Apple.
Cleary is advising Google on the proposed deal, led by M&A partner Ethan Klingsberg, while the firm earlier this month landed another mandate for the longstanding client on its takeover of UK artificial intelligence start-up Deepmind for a reported £240m.
Weil Gotshal & Manges' US and Hong Kong teams are acting for the buyer on the Lenovo deal. Silicon Valley-based partners Keith Flaum and Richard Climan and Hong Kong partner Henry Ong are leading on M&A aspects, while New York partner Jeffrey Osterman and Silicon Valley partner John Brockland are providing counsel on technology and intellectual property (IP) matters.
The teams are flanked by New York tax partner Helyn Goldstein, New York employment partner Paul Wessel, Silicon Valley finance partner Gabriel Gregson and antitrust partner John Scribner.
On the Deepmind deal, London-based Cleary corporate partner Sam Bagot acted for Google on corporate and M&A matters alongside Klingsberg and fellow New York corporate partner Matt Salerno. City partner Richard Sultman and New York partner Yaron Reich led a team providing counsel on tax matters.
New York partner Michael Albano led a team from the US and City office on employee and executive compensation aspects, while London consultant Colin Pearson was among the team advising on IP matters.
Allen & Overy M&A partner Simon Toms advised Deepmind alongside San Francisco-based Shearman & Sterling M&A partner Steve Camahort.
London-based start-up was founded by neuroscientist and former chess prodigy Demis Hassabis, along with Shane Legg and Mustafa Suleyman. The company specialises in algorithms for simulations, e-commerce and games.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllPérez-Llorca, Deloitte Legal and White & Case behind €1B Green Deal in Spain
South Africa Regulator’s Staffing Problems Leave High-Stakes M&A Deals in Limbo
4 minute readGoodwin, Conyers, A&O Shearman Act on $800M China Biotech Sale
Trending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250