Lexpert Special Editions

30 www.lexpert.ca Big Deals COMPILED BY ZENA OLIJNYK AND BERNISE CAROLINO Verafin is focused on providing a cloud- based secure platform for fraud detection and management, BSA/AML compli- ance and management, high-risk customer management and information sharing. Nasdaq Inc. is a global technology firm focused on serving the capital markets and other industries through a diverse offering of data, analytics, soware and services. Osler Hoskin & Harcourt LLP advised Verafin with a team consisting of Chad Bayne, David Jamieson, Justin Dharamdial, Kosta Starostin, Emery White, Alexandra Alacchi (emerging and high growth com- panies), Shuli Rodal, Gajan Sathananthan (competition/antitrust and foreign invest- ment), and Steven Dickie (employment and labour), Dov Begun, Christopher Sheridan, Jennifer Lee, Andrew Granek (taxation), Sam Ip (technology), and Riyaz Dattu (international trade and investment law). Alex Kogan, senior vice president and global head of corporate and commercial law, and Mary Dear, assistant vice president – principal associate general counsel, led Nasdaq's legal team. Wachtell Lipton Rosen & Katz provided lead external assistance to Nasdaq with a team that included David Lam, Mark Veblen, Victor Goldfeld, Carmen Lu, Malcolm Evans, Kelsey Dennison (M&A), Gregory Pessin, Benja- min Arfa, Benjamin Nickerson (banking and finance), Franco Castelli (antitrust), David Kahan, Amanda Cioffi (employment), Joshua Holmes, Liam Murphy (tax), Selwyn Gold- berg, and Nicole Sharer (intellectual property). Blake Cassels & Graydon LLP acted as Canadian counsel to Nasdaq with a team that included Graham Smith, David Kruse, Laura Gagnon, Cameron Love (M&A), Julie Soloway, David Dueck, Fraser Mal- colm (competition, foreign investment), Jef- frey Shafer (tax), Lindsay McLeod (benefits), Melanie Baird, Sean Jackson (intellectual property), Imran Ahmad (cybersecurity), Laura Blumenfeld (employment), Sunny Handa and Renee Tousignant (technology). ECI SOFTWARE SOLUTIONS ACQUIRES SHOPTECH INDUSTRIAL SOFTWARE CORP. CLOSING DATE: NOV. 10, 2020 On Nov. 10, 2020 ECI Soware Solutions, a leader in cloud-based business manage- ment solutions, completed its acquisition of Glastonbury, CT-based Shoptech Industrial Soware Corp. e terms of the deal were not disclosed. ECI is a privately held company head- quartered in Fort Worth, Texas that provides industry-specific business so- ware solutions and services, focusing on cloud-based technologies. Its solutions are used by 22,000 customers mainly in North America but with a strong pres- ence in Europe and Australia. Shoptech is a provider of ER P soware for job shops and made-to-order manufacturers. Shoptech's products help manufacturers better manage the complexities of their manufacturing operations, including quoting, scheduling, purchasing, shipping and accounting. Shoptech will join ECI's Manufacturing Division, which serves small- and medium- sized discrete manufacturers and job shops worldwide. Bennett Jones LLP acted as supporting Canadian counsel to ECI with a team including Christopher Travascio, Ian Michael, Celina Hong (corporate), Alek- sandra Finelli, Giovanna Campagna (real estate), Carl Cunningham, Talia Breg- man, Jaspreet Kaur (employment/benefits), Jeilah Chan (IP), and Matthew Peters (tax). Skadden Arps Slate Meagher & Flom LLP acted as lead U.S. counsel to ECI with a team including Ann Beth Stebbins, Demetrius Warrick and Kailey Flanagan. DLA Piper LLP (US) acted as counsel to Shoptech with a team including Christine Korper, Robert Parisot and Kyle Stearns. TELUS CORP. ANNOUNCES IT WILL ACQUIRE LIONBRIDGE AI ANNOUNCEMENT DATE: NOV. 6, 2020 On Nov. 6, TELUS Corp. announced it will acquire Lionbridge AI for $1.2 billion. Under the acquisition, Lionbridge AI will become part of TELUS International as TELUS Corp. intends to make its international division a public company. e transaction enables TELUS International to expand its service offering to include data labelling and annotation as well as bring in new clients. TELUS Corp. is a Canadian telecom- munications company focusing on providing telecommunications products and services including access to internet, voice, entertain- ment, healthcare and video. Lionbridge AI is a translation and local- ization company focused on improving the ability of artificial intelligence systems to recognize images, video, audio and text. Osler Hoskin & Harcourt LLP advised TELUS Corp. with a team consisting of Paul Seraganian, Andrew Granek (U.S. tax- ation) and Patrick Marley (taxation). Other law firms involved included Shear- man & Sterling. DELTA ELECTRONICS ACQUIRES TRIHEDRAL ENGINEERING CLOSING DATE: NOV. 4, 2020 On Nov. 4, Delta Electronics completed its acquisition of Trihedral Engineering, head- quartered in Nova Scotia. Under the trans- action, Delta Electronics (Netherlands) BV, a wholly owned subsidiary of Delta, acquired 100 per cent of the shares of Trihedral valued at approximately $45 million. e acquisi- tion represents a key part of Delta's long-term strategy in its industrial automation and system integration portfolios as it will aid in digital manufacturing. Following the acqui- > TECHNOLOGY DEALS

• Cover