King & Wood Mallesons and Hogan Lovells advised Cygna Labs Group on the deal.
Cygna Labs, a highly specialized software manufacturer with a focus on providing enterprises worldwide with the latest innovations in cloud security and compliance technology, entered into a definitive agreement to acquire Diamond IP, from BT (formerly British Telecom).
Diamond IP is one of the top three providers of DDI solutions and a critical provider of connectivity, cloud, and security services. The company will not only gain the advantage of becoming a standalone DDI vendor but also the ability to drive DDI innovation.
Cygna Labs, known for its willingness and ability to invest in research and development with an emphasis on cloud offerings, works with Fortune 100 companies worldwide and is known for its industry expertise and long-standing relationships with large-scale enterprise clients.
The King & Wood Mallesons team included Daniel Ehret (Picture – Partner), Dr. Stephan Klein (Associate), Zuhal Uysal (PSL) (all Finance, Frankfurt).
Hogan Lovells’ team included Dr. Christoph Naumann (Partner), Matthias Strecker, Dr. Marius Rothermund (Senior Associates) (all M&A); Bianca Engelmann (Partner), Dr. Antonia Wolf (Senior Associate) (both Finance); Dr. Falk Loose (Counsel, Tax); Dr. Mathias Schönhaus (Partner, Tax); Guido Brockhausen (Counsel, M&A); Zachary Siegel (Senior Associate, Litigation, Arbitration, and Employment); Spenser Karr (Associate, M&A); Polly B. Sims (Counsel, Intellectual Property, Media, and Technology); Jorge Diaz Silveira (Partner), Mark T. Reeves (Associate) (both Corporate & Finance); Michael E. DeLarco (Partner), Ryan Philp (Partner), Shannon Zhang (Associate) (all Litigation, Arbitration, Employment); Brian P. Curran (Partner), Julia L. Diaz (Senior Associate) (both Regulatory); Ashlee Sawyer Gilson (Counsel, Corporate & Finance); Rachel Shelbourne (Associate, IP, Media and Technology).
Involved fees earner: Guido Brockhausen – Hogan Lovells; Brian Curran – Hogan Lovells; Michael DeLarco – Hogan Lovells; Julia Diaz – Hogan Lovells; Jorge Diaz-Silveira – Hogan Lovells; Bianca Engelmann – Hogan Lovells; Spenser Karr – Hogan Lovells; Falk Loose – Hogan Lovells; Christoph Naumann – Hogan Lovells; Ryan Philp – Hogan Lovells; Mark Reeves – Hogan Lovells; Marius Rothermund – Hogan Lovells; Ashlee Sawyer Gilson – Hogan Lovells; Mathias Schönhaus – Hogan Lovells; Zachary Siegel – Hogan Lovells; Polly Sims – Hogan Lovells; Matthias Strecker – Hogan Lovells; Antonia Wolf – Hogan Lovells; Daniel Ehret – King & Wood Mallesons; Stephan Klein – King & Wood Mallesons; Zuhal Uysal – King & Wood Mallesons;
Clients: Cygna Labs Group;