From the news

Recent transaction and litigation

Publications

November / 2009

Sapiens International Corporation

Sapiens, looking to expand its line of products and broaden its presence in North America, acquired Harcase Software and entered into long term agreements with its three shareholders.

November / 2009

Representation of VocalTec Communications Ltd. in its $200 million stock merger with YMax Corporation

VocalTec, an Israeli public company traded on NASDAQ is considered the inventor of VoIP. VocalTec merged in July 2010 with YMax Corporation, a US privately held company.

November / 2009

Axerra Networks Inc.

Axerra, a provider of circuit emulation and service emulation solutions over packet access networks, was acquired in October 2010 by DragonWave (listed on Nasdaq and TSX), a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks.

November / 2009

Representation of Attenti Holdings SA in its acquisition by 3M Co. for $230 million

Meitar represented Attenti Holdings SA and its shareholders (led by private equity fund Francisco Partners) in a transaction in which 3M purchased Attenti’s shares for $230 million. Attenti, which before its acquisition by Francisco Partners in early 2009 was a public company traded in London, is a private company, engaging in the research, development, sale and maintenance of electronic people-monitoring technologies.

November / 2009

Representation of Bunzl Plc in its acquisition of Silco

Meitar represented Bunzl, an LSE multi-billion traded company, which is a leading specialist distribution group supplying a broad range of non-food consumable products, in its first acquisition in Israel. The acquired company, Silco, is a leading distributor of food service disposables.

November / 2009

Representation of Amdocs in its sale of 81% of its holdings in its Chinese business for $27 million

Meitar represented Amdocs in a transaction for the realignment of its strategy in China, pursuant to which Amdocs sold 81% of its holdings in Longshine, its Chinese subsidiary, for approximately $27 million.

November / 2009

Representation of F.T.T. Investments B.V., in the sale of Elettra to France Telecom

F.T.T. Investments of the Fishman Group held a 30% interest in Elettra (a provider of a range of marine activities, including survey, installation and maintenance of submarine systems) with the remaining interests being held by Telecom Italia. In September 2010, Elettra was sold for Euro 62 million.