Osborne Clarke advises Dassault Systèmes on IT, commercial and distribution law aspects of acquisition of CST

Written on 25 July 2016

Dassault Systèmes, listed at the Euronext in Paris, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. The group brings value to over 210,000 customers of all sizes, in all industries, in more than 140 countries.

Computer Simulation Technology AG, based near Frankfurt, is the technology leader in electromagnetic (EM) and electronics simulation. CST’s CST STUDIO SUITE software is used by designers and engineers at more than 2,000 leading companies in the high-tech, transportation and mobility, aerospace and defense, and energy industries. CST’s 2015 revenue was about 47 million euros.

An international Osborne Clarke Team led by IT partner Konstantin Ewald (Osborne Clarke Germany), advised Dassault Systèmes on all IT law, commercial and distribution law related aspects of the transaction in Germany, the UK, France, Belgium, Spain and Italy. Osborne Clarke regularly advises Dassault on commercial contracts.

The team included Tim Maiorino, Felix Hilgert, Adrian Schneider (IT, Cologne), Babak Miller, Matthias Spix (Commercial, Cologne), John Davidson-Kelly (London), Béatrice Delmas-Linel (Paris), Yves Stans (Bruxelles), Rafael Garcia Del Poyo (Madrid) and Edoardo Tedeschi, Alessandra Bianchi, Marialaura Boni and Valeria Veneziano (Milan).

Osborne Clarke has been listed in sixth position in Thompson Reuters’ 2016 half-year rankings of Midcap M&A rankings in Germany. The teams recently advised Wirecard on its takeover of Citi Prepaid Card Services; ProSiebenSat.1 Media SE on its merger of Aeria Games with Gamigo and smartclip on the sale to RTL.