Hengeler Mueller advises Redknee on acquisition of Orga Systems
29. June 2015
Redknee Solutions Inc. (“Redknee”), a leading provider of real-time monetization and subscriber management software, announced that it has reached a definitive agreement to acquire Orga Systems for a total cash consideration of EUR 38 m from the insolvency administrator. Orga Systems is a leading software vendor for convergent charging and billing in the telecommunications, utilities and automotive markets.
Hengeler Mueller advised Redknee in an integrated team together with lawyers in India, Italy, Brasil, Argentina and Ukraine. The Hengeler Mueller team included partners Ulrich Blech (M&A, Berlin), Hendrik Bockenheimer (Labour, Frankfurt) and Alf-Henrik Bischke (Antitrust, Düsseldorf), counsel Fabian Seip (IP) as well as associates Carsten B. Hohmann, Mandana Bahrampour (M&A) (all Berlin) and Anja Balitzki (Antitrust, Düsseldorf). Hengeler Mueller already advised Redknee in 2012 on the acquisition of the Business Support Systems business from Nokia Solutions and Networks NSN, a transaction involving more than 30 jurisdictions.