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Hogan Lovells and Chammas & Marcheteau on the acquisition of RSI Video Technologies by Honeywell

10 March 2016

Hogan Lovells and Chammas & Marcheteau advised on the sale of RSI Video Technologies (RSI) to Honeywell for approximately $123 million (€113 million).

Founded in 2000 and based in Strasbourg, France, with key operations in Minnesota, RSI is a leading global provider of intrusion detection systems for commercial and residential security applications under the brand Videofied®.

RSI's wireless, battery-powered motion detectors with built-in cameras deliver live, high-quality video over the cloud to central monitoring stations and end-users. It has approximately 110 employees in France and the US.

The Hogan Lovells team advising Honeywell consisted of:

- Corporate: in Paris, Xavier Doumen, partner, Julie Poulet, Lancelot Montmeterme, associates, and in Washington, Elizabeth Donley, partner,

- Commercial contracts: Mikael Salmela, partner, Mathilde Gérot, associate,

- Tax: Bruno Knadjian, partner,

- IP/IT: Vincent Denoyelle, senior associate.

The Chammas & Marcheteau team advising the sellers consisted of:

- Corporate: Lola Chammas, partner, Arys Serdjanian, Benjamin Massot, associates,

- Tax: Christophe Moreau, partner, Carine El Baz, associate,

- IP/IT, Aude Spinasse, partner.

The sellers:

- Galileo Partners : François Duliège,

- Innovation Capital : Valéry Huot,

- Dardel Industries : Patrick Dupuy,

- A+ Gestion : Jean-Michel Pimont,

- RSI Video Technologies management.

PRESS CONTACT

Eléonore Fleury

+33 1 53 67 18 41

eleonore.fleury@hoganlovells.com

 
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