A Gleiss Lutz team, in collaboration with Fenwick & West LLP, has advised US tech company Aryaka Networks, Inc. on the acquisition of all shares in Hamburg-based Secucloud GmbH. The parties have agreed not to disclose the purchase price.
Aryaka Networks is a leading provider of technology solutions and services for Software Defined Wide Area Networks (SD-WAN), offering customers an optimised, global network and innovative industry-leading, managed SD-WAN services. Aryaka's solutions focus on application acceleration, network optimisation and security.
Hamburg-based cybersecurity specialist Secucloud provides industry-standard, cloud-based security systems. The innovative platform offers a global, cloud-based Firewall as a Service (FWaaS) solution, a secure web gateway and advanced threat protection features, and is designed to securely connect all types of networks such as WANs, cloud, mobile and IoT networks.
The following Gleiss Lutz team headed by Dr. Patrick Mossler (partner, Hamburg), Dr. Christian Cascante (partner, Frankfurt, both lead) and Dr. Maike Sauter advised Aryaka: Sebastian Dietz (Hamburg), Dr. Viktor Gorlow, Dr. Johannes Weigel (both Berlin), Karen Gräfin vom Hagen (Stuttgart, all M&A), Dr. Jacob von Andreae (partner), Aylin Hoffs (both Düsseldorf, Public Business Law), Dr. Alexander Molle (partner), Jan Hinrichs, Dr. Felix Müller (all IP/IT, Berlin), Dr. Manuel Klar (Munich, Data Protection), Dr. Johann Wagner (partner, Hamburg), Dr. Ocka Stumm, Dr. Dominik Monz (both Frankfurt, all Tax), Dr. Doris-Maria Schuster (partner), Dr. Daniela Mayr (both Hamburg), Dr. Hauke Darius Wolf (Frankfurt, all Employment).
Gleiss Lutz regularly advises on technology transactions. In recent months, teams from our firm have advised clients such as AppLovin on the acquisition of Berlin startup adjust, the shareholders of Berlin startup ubitricity on its sale to Shell, Tiger Global on the acquisition of a holding in German FinTech unicorn Mambu as well as the acquisition of a holding in legal tech startup BRYTER as well as the sale of a holding in Flaschenpost, and Armira on the sale of SaaS provider F24.
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