Gleiss Lutz has advised Swiss Post on the acquisition of Open Systems from EQT and other shareholders.
Open Systems is a leading provider of network and cyber security capabilities in a single cloud-based platform known as Secure Access Service Edge (SASE). Open Systems’ digital network and security solutions will enable Swiss Post to strengthen its role as a relevant provider of digital communication solutions. It will also safeguard the handling of data for private companies and public authorities, enhancing its competencies and expertise to help boost Switzerland as a digitally networked country.
The transaction still has to be approved by the relevant competition authority.
The following Gleiss Lutz team led by Dr. Ralf Morshäuser (partner) and Melina Grauschopf (both M&A, both Munich) has advised Swiss Post:
Dr. Andreas Duttig (Corporate, Stuttgart), Dr. Moritz Holm-Hadulla (partner, Munich), Dr. Laura Roßmann (both Competition/Antitrust, Stuttgart), Aylin Hoffs (Foreign Trade Law, Düsseldorf), Simon Wegmann (Data Protection, Berlin), Dr. Matthias Werner (partner), Dr. Sebastian Girschick (both IP/Tech, both Munich), Josefine Chakrabarti (counsel, Berlin), Julian Glau (both Employment, Hamburg).
Gleiss Lutz advised on the transaction together with the Swiss law firm Walder Wyss, which is acting as lead counsel for Swiss Post.
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