MUNICH (10 January 2017) – Global law firm Reed Smith comprehensively advised the Canadian company Rakuten Kobo Inc. on the acquisition of the tolino technology platform from Deutsche Telekom and the technology cooperation with the Tolino-Alliance. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval and is expected to close end of January 2017.
The e-reading-specialist Kobo steps into the Tolino alliance, which is one of the leading brands for digital reading in the German-speaking world, and becomes – in place of Deutsche Telekom – their new technology partner.
For more information please see: http://news.kobo.com/press/releases/change-in-technology-partner-at-the-tolino-alliance
Advisor Rakuten Kobo Inc.
Reed Smith: Dr. Justus Binder (lead, corporate/M&A), Jan Weißgerber (partner, labor law), Thomas Gierath (partner, tax), Dr. Thomas Fischl (counsel, IT/E&M), Frank Mizera (associate, corporate/M&A), Dr. Alexander Hardinghaus (associate, IT/E&M), all Munich
Rolf Hünermann (partner, corporate/M&A) and Maximilian Santüns (associate, corporate/M&A), both Frankfurt
Rakuten Kobo Inc.: Jay Howard (General Counsel)
KPMG (Group Tax Law)
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,700 lawyers in 26 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute-resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing, technology, and education. For more information, visit reedsmith.com.
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