Advs. Ben Sandler and Barry Levenfeld represented orthologics company Bioventus in its investment in the Israeli medical device company Cartiheal, including in signing an option to buy it. Assisted alongside David Roness, Ofir Levy, Daniel Marcovici, Daniel Green, Eli Greenbaum, Guy Fuhrer, Miriam Friedmann, Shira Teger, Tali Har-Oz, Hadar Stein, Chaim Cohen, Chaya Alexandra Y.N. Kong, Sophy Litvin, Nir Kamhi, Ofir Paz, Shmuel Brill and interns Noah Levy, Katya Kagantsov and Danya Sakols.
Advs. Barak Platt and Ezra Gross represented Intel, yet again, in its $1 billion acquisition of navigation app developer Moovit. Intel plans to use Moovit’s technology to expand the services it offers via Mobileye, the autonomous car company that it acquired for $15.3 billion in 2017. Ben Sandler, Josh Hauser, Daniel Green, Miriam Friedmann, Dr. Eran Lempert, Peter Sugarman, Tali Har-Oz, Sophy Litvin, Alona Toledano, Chaim Cohen, Hadar Stein, Nir Kamhi, Tal Slabbaert, Tali Salzman, Chaya Alexandra Kong and our interns Maya Haran, Danya Sakols and Noah Levi assisted in the transaction.
Advs. Barak Platt, Ezra Gross, Josh Hauser, Ben Sandler, Dr. Eran Lempert, Daniel Green, Ira Evental, Miriam Friedmann, Tali Har-Oz, Sophy Litvin, Nir Kamhi, Ofir Paz, Evan Schendler, and interns Adina Mirchin, Leah Grumet and Noah Levi represented Intel in its $ 2 billion acquisition of Israeli based artificial intelligence chip developer Habana Labs.
Advs. Barak Platt, Ezra Gross, Moshe Medved, Lior Sofer, Eran Lempert and Nir Kamhi represented Navasota Resources Inc., a stock market shell listed on the Canadian Securities Exchange in a reverse takeover with Israeli medical cannabis operator IMC, after which IMC will become the first Israeli medical cannabis operator to list its shares in Canada.
Advs. Ben Sandler, David Roness, Ira Evental, Ofir Levy and Chaim Cohen represented Quotient Technology in its acquisition of the Israeli start-up Ubimo. The Tel Aviv-based company has developed location-indexing technology to improve the effectiveness of media campaigns.
Advs. Micki Shapira, Shai Margalit, Amit Zomer-Fedida, Chen Lanir and our intern Azaria Sorek represented the Union Group, importer of Toyota in Israel, in its acquisition of Danziv Handling Solutions Ltd. This transaction is in accordance with Toyota's global policy of consolidating its activities in the forklift industry and in storage solutions.
Advs Peter Sugarman and Ariel Even-Delugatch and intern Zehava Murdler, together with Dr. Eran Lampert, Ofir Levy, Niv Blacher, Neta Goshen Brami, Netanella Treistman, represented Alcatel an Israeli company that cultivates microalgae and produces natural astaxanthin (used as a nutritional additive and in the cosmetics industry) in its acquisition by Solabia Group for US $100 million. Solabia Group (incorporated as Societe La Biochimie Appliquee SA), is a French producer of natural ingredients for the cosmetic and pharmaceutical industries.
Magisto is represented by Barak Platt, Daniel Damboritz, Ezra Gross, Eli Greenbaum, Dr. Eran Lempert, Josh Hauser, Miriam Friedmann and Shay Fahima.
Advs. David Schapiro, Daniel Marcovici Moshe Pasker represented Telrad Networks Ltd. in its purchase of Mermanet Organization and Project Management Ltd. for NIS 102 million. Telrad was represented in its negotiations with the banks for the purpose of raising NIS 78 million, part of the amount required for the transaction.
Advs. Barry Levenfeld, Ben Sandler, Evan Schendler, Alona Toledano, Ofir Levy, Shay Fahima, Yoheved Novogroder Shoshan, Daniel Green, Miriam Friedmann, Tali Har-Oz and the interns Itamar Ben David, Hadar Stein and Elad Cohen represented the med-tech giant Stryker in the acquisition of Orthospace Ltd, an Israeli company that has developed a device for treating serious shoulder pain, for $220 million.