Acquisition

Astek Expands Spanish Presence with Acquisition of Digital Transformation Leader Quantion, Boosting Expertise in AI and Cloud Services

by

Barcelona, Spain — Astek, a global engineering and technology consulting firm, has announced its acquisition of Quantion, a digital transformation company established in 2015 and based in Barcelona. This strategic move aims to enhance Astek’s presence in the Spanish market. With this acquisition, Astek expands its workforce in Spain to 500 professionals and identifies Barcelona as one of its key Global Delivery Centers. Quantion adds more than 150 specialists in areas including customer experience, data and artificial intelligence, and cloud infrastructure. The deal also broadens Astek’s involvement in the travel and aviation sectors. This acquisition … Read more

US Software Giant Vehlo Completes Acquisition of Mexican Customer Retention Leader Total Customer Connect

by

Mexico City, Mexico — U.S. software firm Vehlo has successfully acquired the remaining shares of the customer retention platform Total Customer Connect (TCC), which includes TCC’s operations in Mexico. The deal was facilitated by the legal firm Nader, Hayaux & Goebel, based in Mexico City. Vehlo’s acquisition of TCC marks a significant expansion for the U.S. company, enabling it to enhance its service offerings in customer retention solutions. The transaction underscores the growing trend of U.S. companies investing in Latin American markets to tap into a diverse consumer base. Nader, Hayaux & Goebel played a … Read more

FTC Takes Action: Lawsuit Filed to Block Edwards Lifesciences’ $945M Acquisition of JenaValve Over Antitrust Concerns

by

Washington, D.C. — The Federal Trade Commission is taking legal action against Edwards Lifesciences over its plans to acquire JenaValve, raising concerns about potential antitrust violations in the medical device industry. The FTC argues that this acquisition could stifle competition in the market for transcatheter aortic valve replacement devices designed for treating aortic regurgitation. In July 2024, Edwards Lifesciences announced intentions to purchase JenaValve and JC Medical, two notable developers in the transcatheter aortic valve replacement sector. Edwards completed the acquisition of JC Medical in August, paying approximately $320 million, and the FTC warns that … Read more

Jenner & Block Boosts Mass Torts Practice with Strategic Mayer Brown Team Acquisition

by

Chicago — Jenner & Block has strengthened its mass torts practice by acquiring a team of attorneys from Mayer Brown. The move aims to bolster the firm’s capabilities in handling large-scale litigation, a sector that has seen a surge in demand due to ongoing legal challenges across various industries. This transition includes several seasoned litigators who bring extensive experience to Jenner & Block. Their collective expertise focuses on complex litigation involving multiple plaintiffs, which has become increasingly vital in today’s legal landscape. As companies face a wave of lawsuits, particularly related to product liability and … Read more