Effective January 1, 2016, USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, Germany ("USU"), acquired all shares in unitB technology GmbH, Berlin, to epand USU’s range of services in the area of individual solutions and portals. The team led by Dr. Rainer Herschlein, Partner at the business law firm of Heuking Kühn Lüer Wojtek, advised USU.
The purchase price of the shares, payable in cash, includes a fixed and a variable portion and depends on unitB’s future development.
unitB technology GmbH is a full-service agency specializing in digital media and IT. It develops tailor-made and innovative IT and marketing solutions for corporate websites, product marketing, and customer communications. As a new subsidiary of USU Software AG, unitB technology GmbH will perfectly complement the existing portfolio of IT solutions and consulting services, particularly in the area of portal solutions in USU group’s business solutions segment.
Counsel to USU Software AG
Heuking Kühn Lüer Wojtek:
Dr. Rainer Herschlein, LL.M. (Lead),
Sarah Dupont (both Corporate, M&A),
Dr. Antonia Stein (Employment), all Stuttgart
Fabian G. Gaffron (Tax), Hamburg