Legal DealFolio - SMARTRAC acquisition of Neology

International law firm Freshfields Bruckhaus Deringer has advised SMARTRAC, the Dutch-based developer, manufacturer, and supplier of RFID transponders, on its entering into a definitive agreement to acquire Neology, a San Diego-based leader in secure customized high-value RFID transponders and solutions. The transaction is subject to customary closing conditions and is anticipated to close by the end of the calendar year. With the acquisition of Neology, SMARTRAC expects to benefit from access to the attractive and growing electronic vehicle registration and electronic toll collection market in the Americas. The long-term expertise of Neology in the ultra-high frequency (UHF) RFID business and the comprehensive intellectual property (IP) are anticipated to contribute to strengthening SMARTRAC's technology base. The Freshfields team that advised on this cross-border transaction was led by Frankfurt corporate partner Arend von Riegen and New York corporate partner Timothy A. Wilkins, and was supported by New York-based associates Kfir Abutbul, Stephanie Brown Cripps, and Tom Connors, New York-based IP/IT corporate counsel Lindsey Canning and associate Nick Vogt; and Frankfurt corporate associate Peter Simon. Additionally, New York partner Robert Scarborough and counsel Escrat Rahimi-Laridjani provided tax guidance on the transaction.

Deal Date:	13-12-2011	Practice Area:	Corporate and M&A
Deal Title:	SMARTRAC acquisition of Neology	Industry:	Technology Hardware & Equipment
Description:	International law firm Freshfields Bruckhaus Deringer has advised SMARTRAC, the Dutch-based developer, manufacturer, and supplier of RFID transponders, on its entering into a definitive agreement to acquire Neology, a San Diego-based leader in secure customized high-value RFID transponders and solutions. The transaction is subject to customary closing conditions and is anticipated to close by the end of the calendar year. With the acquisition of Neology, SMARTRAC expects to benefit from access to the attractive and growing electronic vehicle registration and electronic toll collection market in the Americas. The long-term expertise of Neology in the ultra-high frequency (UHF) RFID business and the comprehensive intellectual property (IP) are anticipated to contribute to strengthening SMARTRAC's technology base. The Freshfields team that advised on this cross-border transaction was led by Frankfurt corporate partner Arend von Riegen and New York corporate partner Timothy A. Wilkins, and was supported by New York-based associates Kfir Abutbul, Stephanie Brown Cripps, and Tom Connors, New York-based IP/IT corporate counsel Lindsey Canning and associate Nick Vogt; and Frankfurt corporate associate Peter Simon. Additionally, New York partner Robert Scarborough and counsel Escrat Rahimi-Laridjani provided tax guidance on the transaction.
Financial Center:	Frankfurt	Value:	100.01-500.00
Advised Party:	Acquiror	Law Firm	Freshfields Bruckhaus Deringer
Target Company Jurisdiction:	United States	Acquiror Jurisdiction:	Netherlands
Classification:	Strategic Buyer Acquisitions Private Company	Lawyer	Arend von Riegen

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers