Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
29 July 2015
Deals | France | M&A
Gide advised Cisco, worldwide leader in information technologies listed on NASDAQ, on the French law aspects relating to the envisaged sale of its Connected Devices business (connected home terminals and video solutions) to Technicolor, a worldwide technology leader in the Media & Entertainment sector listed on Euronext Paris. The sale is valued at approximately 550 million euros.
According to the terms of the exclusivity agreement, upon the closing of the transaction, Cisco will receive approximately 413 million euros in cash and approximately 137 million euros in newly issued Technicolor shares, subject to certain adjustments provided for in the agreement.
The Gide team comprised partners Anne Tolila and Antoine Tézenas du Montcel on M&A aspects, and partner François Vergne on employment aspects.
