08 Nov 2010 | 12:00 am |
International law firm Pinsent Masons has advised PACE, the Yorkshire digital television technology company, on its acquisition of 'payTV' software specialist, Latens Systems, for £28.75m.
Saltaire-based Pace will pay a cash sum not exceeding £28.75m, of which £10m is deferred and payable in 2012 subject to a number of conditions being met.
Latens Systems also has offices in Hyderabad, India, and Atlanta in the US and offers TV security software.
Last week Pace announced that its strategy within the 'payTV' market was working and expected to deliver a strong second half to its financial year.
The Pinsent Masons team was led by Michelle Kershaw and Andrew Black assisted by Manisha Patel, Lucy O'Dwyer, Jon Robinson and Ella Wallis.
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia
International law firm, Pinsent Masons, has successfully advised the founders and management of Redington, the independent institutional investment consultant, on an investment deal from Phoenix Equity Partners, a leading UK mid-market private equity firm.
International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.
International law firm Pinsent Masons has advised S.R. Smith on the acquisition of Sunbather.
Pinsent Masons has hired real estate expert Denis Charles, as partner in its Paris office.
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