Aucerna completed the acquisition of Oil and Gas Software Business from TietoEVRY Oyj for approximately 160 million.
Aucerna completed the acquisition of Oil and Gas Software Business from TietoEVRY Oyj (HLSE:TIETO) for approximately 160 million on June 4, 2021. The cash payment in connection with the closing amounted to 154 million. In addition, TietoEVRY will receive a cash compensation of 2 million subsequent to the completion of asset transfers taking place in early autumn. Bradley Reed, P.C., Kristen E. Molloy, Kevin J. Coenen, P.C., Adam Kool, Seth Traxler, P.C., Aaron Lorber, Alexandra Mihalas, Michael G. Falk, P.C., Stefanie I. Gitler, John G. Caruso, Anthony Rapa, Matt O'Hare, Michael A Schulman, Boyars; Sally Evans, Brian Ford, P.C., Jose Barragan-Monge and Paul Kang, Jr. of Kirkland & Ellis LLP acted as legal advisor to 3es Innovation Inc. Duffy Lorenz, Joe Lance, Jeremy Poore, Yitian Cai, Michael Haynes, Faith Stachulski, Liz Ebersole, Jibri Duncan, Viswa Senthilkumar, Jenna Kalashyan, Chris Guldberg, Brian Henghesbaugh, Gary Hunt and Heiko Burow of Baker & McKenzie LLP acted as legal advisor to 3es Innovation Inc.