Jeantet, Bredin Prat, Cravath and Wilson Sonsini on the acquisition by InterDigital of more than 21.000 patents of Technicolor

 

Paris, 5 March 2018, The American group InterDigital, specialist in research and development in mobile technology, entered into a sale agreement of its “patent licensing business”, for an estimated value of 475 million dollars.

The agreement provides that InterDigital will pay Technicolor 150 million dollars in cash up front. Technicolor shall also receive 42,5% of all future cash receipts from InterDigital’s new licensing efforts in the consumer electronic field, estimated at approximately 215 million dollars.

The sale agreement includes a portfolio of over 21.000 patents of Technicolor, as well as Technicolor’s interests in the joint-venture with Sony in the field of digital television and computer screens. The employees of Technicolor’s patent licensing business will be integrated into InterDigital.

The signing of a cooperation agreement between InterDigital and Technicolor regarding research and development in fields including video coding, connected home and immersive technologies shall follow. The conclusion of perpetual licenses agreement, allowing Technicolor to operate its remaining activities, is expected as well.

InterDigital was advised by Jeantet with a team lead by Karl Hepp de Sevelinges and Yvon Dréano (partners), Sophie Merlet and Robert d’Orglandes in M&A, Laetitia Ternisien (counsel) in employment law, Jean-Guillaume Follorou (partner) and Gabriel di Chiara in tax, Florent Prunet (partner) in competition, Fréderic Sardain (partner) and Pierre Nieuwyaer in IP.

The firm Wilson Sonsini Goodrich & Rosati has worked closely with Jeantet on US law aspects (Martin Korman, Mark Holloway and Emma Sarkisyan). Technicolor was advised by the firms Bredin Prat (Sophie Cornette de Saint Cyr, Sébastien Prat and Thomas Priolet) and Cravath Swaine & Moore (Damien Zoubek, George Stephanakis, Devon Klein), as well as by Ernst & Young for tax (Claire Acard).

 

Our last press releases

Jeantet advises 2CRSi in the context of its share capital increase by way of private placement with a public offering aimed at retail investors (via the Primarybid platform) for a total amount of €12 million

Paris, March 20, 2024 – Jeantet advised 2CRSi in the context of its share capital increase by way of private placement to qualified investors with a public offering aimed at retail investors via the PrimaryBid platform on Euronext Growth Paris, for a total amount of €12 million. The total demand for the transaction amounted to […]

Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW

+

Jeantet advises ENERTIME in the context of its share capital increase without preferential subscription rights by way of a public offering and with a priority period for its existing shareholders on Euronext Growth Paris

Paris, March 8, 2024 – Jeantet advised Enertime in the context of its share capital increase without preferential subscription rights of the shareholders by way of a public offering and with a priority period, on an irreducible and reducible basis, for its shareholders and of a global placement on Euronext Growth Paris, for a total […]

Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW

+

Jeantet advised JUNGBUNZLAUER group in the context of the acquisition of ALLIANCE GUMS & INDUSTRIES from ROQUETTE group

Paris, 1 March 2024 – Jeantet advised Jungbunzlauer group on the acquisition of Alliance Gums & Industries from Roquette Ventures, part of the Roquette group. On February 29, 2024, Jungbunzlauer group completed the acquisition of Alliance Gums & Industries from Roquette Ventures, part of the Roquette group. Alliance Gums & Industries is an expert blending […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised MOBILITY TRADER HOLDING in the context of the sale of CARIZY to COFIDIS GROUP

Paris, 2 February 2024 – Jeantet advised Mobility Trader Holding GmbH, the parent company of the heycar group (Berlin, Germany), held by the Volkswagen, Allianz and Renault groups on the sale of Carizy SAS to the Cofidis group. On January 31, 2024, Mobility Trader Holding GmbH, the parent company of the heycar group (Berlin Germany), […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises SWEN CAPITAL PARTNERS on its investment in LANGA INTERNATIONAL in connection with a 85 million euros capital increase

Paris, 29 January 2024 – JEANTET advises SWEN Capital Partners on its investment in LANGA INTERNATIONAL, an independent developer and producer of renewable electricity in France and internationally. JEANTET assists SWEN Capital Partners (via SWIFT 2 – SWEN Impact Fund for Transition 2) in this second round of funding, alongside Bpifrance and RGREEN INVEST, historical […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises HEEX TECHNOLOGIES on its EUR 6 million fundraising round

Paris, 19 January 2024 – Founded in 2019 by Bruno Mendes Da Silva and Arnaud de La Fortelle, Heex Technologies is a French start-up which is committed to support and accelerate the development of artificial intelligence, while reducing its environmental impact, with the “Smart Data” technology it has developed. After proving itself in the mobility […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised EB-SIM in the context of the acquisition of three wind parks from Volkswind, a subsidiary of the Swiss energy company Axpo

Paris, 3 January 2024 – Jeantet advised EB Sustainable Investment Management GmbH on the acquisition of a portfolio of three operating wind farms with a total nominal capacity of 72 MW from Volkswind GmbH, a subsidiary of the Swiss energy company Axpo. On December 15, 2023, Volkswind GmbH, German subsidiary of the Swiss energy company […]

Paris | CORPORATE – M&A – PRIVATE EQUITY | ENERGY

+

Jeantet advises SII Goes On and Société pour l’Informatique Industrielle (SII) in the context of the proposed simplified tender offer for SII shares to be launched by SII Goes On

Paris, 15 December 2023 – Jeantet advises Société pour l’Informatique Industrielle (SII), a leading international group in engineering, technology consulting and digital services, listed on Euronext Paris, with a sales turnover of one billion euros during its last financial year, and SII Goes On, a company created for the purposes of the transaction and controlled […]

Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW

+

Jeantet advises Quandela in its EUR 50 million fundraising

Jeantet advises Quandela, an European leader in quantum photonics, co-founded by Niccolo Somachi, Valérian Giesz and Pascale Senellart-Mardon, in its EUR 50 million fundraising. At the end of 2022, Quandela became the first player in the European Union, and one of the few worldwide, to make quantum computers accessible via the cloud, with the acquisition […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised Equinox Industries in the acquisition of Clear Channel France

Paris, 7 November 2023 – Jeantet advised Equinox Industries, industrial French holding, in the acquisition of Clear Channel France, the second largest advertising operator in France. After several months of exclusive negotiations and an information and consultation process that culminated in a positive opinion from the works council of Clear Channel France (CCF), Equinox Industries, […]

| CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised Komax in the acquisition of Alcava, Lintech, Malintech and Tulintech

Paris, 18 October 2023 – Jeantet advised Komax in the acquisition of Alcava SAS including Lintech in France, Malintech in Morrocco and Tulintech in Tunisia. Komax is a listed Swiss company specialized in the industrial equipment sector, and market and technology leader in automated cable handling solutions. The cross-border transaction involved the acquisition of Alcava […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet takes on the criminal business world with the arrival of Philippe Bouchez El Ghozi

Paris, Thursday September 14, 2023, Jeantet is delighted to announce the arrival of Philippe Bouchez El Ghozi and his team as partners to strengthen the commercial litigation practice, and in particular the criminal business law, compliance and internal investigations practice. With this arrival, Jeantet now has 35 partners and intends to continue its growth. This […]

+