April 07, 2013
Weil ranked #1 in announced US High Technology M&A deals by Thomson Reuters for the first quarter of 2013. Weil secured the #1 position with 73.8 percent market share and $41.6 billion in deal volume.
The Firm’s fast start in 2013 was powered by several high-profile M&A transactions, including: Dell's $24.4 billion going private acquisition by Michael Dell and Silver Lake Partners (Weil represented Evercore Partners, financial advisor to the Special Committee of Dell’s Board of Directors); Providence Equity Partners’ $1.1 billion sale of Open Solutions to Canada-based Fiserv; Oracle’s $1.7 billion acquisition of Acme Packet; Velocity Technology Solutions UK’s acquisition of velos-IT Limited; PayPal Inc.’s acquisition of Duff Research; CPU Technology’s sale of its Acalis business to The Boeing Company; Opera Software ASA’s acquisition of Skyfire Labs, Inc.; and Nortek Inc.’s acquisition of 2GIG Technologies, Inc.
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