Hogan Lovells advises on US$85 million sale of Arieso Limited to JDSU
11 March 2013
NEW YORK/LONDON, 11 March 2013 – Hogan Lovells is pleased to announce that it has advised UK-based Arieso Limited (Arieso) on its sale to U.S. public company JDSU (NASDAQ: JDSU) for US$85 million.
Arieso is a global leader in location-aware, software solutions that enable mobile network operators to boost 2G, 3G, and 4G/LTE network performance and enrich the mobile subscriber experience. The transaction will allow the integration of Arieso’s products into JDSU's complementary mobile network solutions.
"Hogan Lovells was delighted to work with the senior management, key shareholders, and investment banking group at Arma Partners in connection with this transaction,” said Jeff Hurlburt, Co-Head of the Private Equity and Venture Capital practice. “Transatlantic and other multi-jurisdictional transactions of this nature are where we are at our best — working closely across a variety of offices, with colleagues in multiple disciplines coming together to provide high-quality legal advice and transaction execution to clients."
In addition to Hurlburt, the Hogan Lovells Corporate team included London partner Sarah Atkinson and associates Roderick Lai, Alex McPherson, and Sarah Symons, with support from a variety of colleagues in various other specialty disciplines.