Advs. Barry Levenfeld, Yarom Romem, David Roness, Yulia Lazbin, Eran Lempert and Ben Sandler of our firm represented Panoramic Power Ltd. in its sale to the US company Direct Energy for $60 million. Panoramic Power operates in the field of energy management and operational efficiency in the areas of trade and production.
Advocates Yarom Romem and Etai Kramer represented Momentum, a technology fund of Ramot (Tel Aviv University's technology transfer company) that invests in University R&D projects, in its final closing - raising a total of just under $23.5 million from investors that include Temasek (the Sovereign Fund of the government of Singapore and one of the largest funds in the world), Tata Group of India, and Sandisk.
Advocates Barry Levenfeld, Yarom Romem, Ben Sandler, Yair Benjamini, Avigail Frisch and Zohar Nevo acted as Israeli counsel for Align Technologies in the acquisition of Cadent Holdings for $190 million. Cadent develops products and services for restorative dentistry and orthodontics, including intra-oral scanners. It has offices in New Jersey and a R&D center in Or Yehuda. Cadent has raised $75 million since it was founded in 1995.