1 February 2016
Gernandt & Danielsson advised e2v technologies plc in its acquisition of Signal Processing Devices Sweden AB
e2v technologies plc ("e2v"), a specialist provider of innovative technology for high performance systems and equipment and listed on the London Stock Exchange, acquires the Linköping-based Signal Processing Devices Sweden AB, a leader in the design and development of high performance analogue-to-digital processing technology for up to USD18 million.
The initial cash purchase price is USD 14 million with an earn-out of up to a further USD 4 million in cash, dependent on revenue growth targets.
Gernandt & Danielsson advised e2v with a team consisting of Partner Carl Westerberg, Senior Associate Erik Sandgren (IPR), Associate Simon Söderholm (labour law) and Associate Sofia Tångelin (M&A).