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Recent transaction and litigation

Publications

November / 2012

Advising the underwriters in the $127 million initial public offering by Wix.com

Our firm represented J.P Morgan Securities, Merrill Lynch and several other underwriters in the $127 million initial public offering by Wix.com, including both primary and secondary shares, on NASDAQ.

November / 2012

Representation of Evogene in its $73.8 million initial public offering and listing on NYSE

Meitar represented TASE-listed Evogene, a plant genomics company, in its $73.8 million initial public offering on the NYSE.

November / 2012

Representation of Amdocs

Meitar represented Amdocs in its approximately $120 million acquisition of Actix International Limited, a leading independent provider of software for mobile network optimization.

November / 2012

Representation of Lumenis

Our firm is representing Lumenis, medical laser provider, in its currently contemplated $115 million public offering of ordinary shares and listing on NASDAQ.

November / 2012

Representation of Facebook in its acquisition of Onavo Mobile

Our firm, together with the US law firm Fenwick & West LLP, represented Facebook, Inc. (NASDAQ: FB) in the acquisition of Onavo Mobile, an Israeli mobile data-saving app. Financial terms of the transaction were not disclosed.

November / 2012

Representation of a consortium of purchasers from China and Hong Kong

Our firm represented a consortium of purchasers from China and Hong Kong in the pending acquisition of a controlling interest in Clal Insurance Enterprises Holdings Ltd., a public company traded in the TASE, which is the parent company of the largest insurance group in Israel, Clal Insurance Company Ltd. The value of the transaction (including put/call options) is approximately US $700 million.

November / 2012

Time for Israeli Data Breach Notification Laws

The recent Saudi hacking scandal and the theft of Israeli credit card information highlights the need for Israel to introduce a data breach notification law.

This would motivate online service providers to introduce industry standard security procedures and also help protect consumers in the event of a data breach concerning their personal information.

The full update is available through the PDF icon.

Technology and Intellectual PropertyTechnology and Intellectual Property