Wilson Sonsini Goodrich & Rosati

Lumentum Announces Completion of Cloud Light Acquisition

Retrieved on: 
Tuesday, November 7, 2023
Telecommunications, Networks, Internet, Hardware, Data Management, Engineering, Technology, Manufacturing, Cloud, Wilson Sonsini Goodrich & Rosati, Morgan, Lewis & Bockius, LLP, Professional corporation, Artificial intelligence, BofA Securities, Cryptocurrency

“I am excited to add Cloud Light’s high-speed optical transceiver products, differentiated technology, and talented team to Lumentum,” said Alan Lowe, Lumentum President and CEO.

Key Points: 
  • “I am excited to add Cloud Light’s high-speed optical transceiver products, differentiated technology, and talented team to Lumentum,” said Alan Lowe, Lumentum President and CEO.
  • The transaction consideration was paid in cash from Lumentum’s balance sheet and the assumption and substitution of outstanding unvested Cloud Light options.
  • During this call, Lumentum management will also provide an update on the Cloud Light transaction.
  • Morgan, Lewis & Bockius LLP served as legal advisor to Cloud Light.

Infinitum Secures $185 Million Series E Funding Led by Just Climate to Catalyze Industrial Decarbonization with High-Efficiency, Sustainable Motors

Retrieved on: 
Wednesday, November 1, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Automotive Manufacturing, HVAC, Environment, Manufacturing, Green Technology, Wilson Sonsini Goodrich & Rosati, Rockwell, International Energy Agency, NYSE, U.S. Department of Energy, Office of Inspector General, VFD, Cottonwood Technology Fund, Copper, Carbon, Electricity, Multimedia, IEA, Growth, Partnership, NGP, Chevron Corporation, CO2, Rockwell Automation, Riverstone Holdings, U.S. Department of Defense Strategy for Operating in Cyberspace, Greenhouse, Automation, Power control, Iron, Renewable energy, Electric motor, Infinitum

Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.

Key Points: 
  • Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.
  • In the US industrial sector, motors alone consume nearly 70% of total electricity used to power numerous core industrial applications, such as compressors, pumps, fans and material processing and handling equipment.
  • Manufacturing and servicing Infinitum motors is less carbon intensive than traditional motors and the motor’s modular design allows components to be reused multiple times.
  • Evercore acted as the exclusive placement agent for Infinitum in connection with this capital raise.

Lumentum to Acquire Cloud Light to Accelerate Data Center Speed and Scalability

Retrieved on: 
Monday, October 30, 2023
Technology, Engineering, Telecommunications, Manufacturing, Networks, Internet, Hardware, Data Management, Artificial Intelligence, Cloud, Wilson Sonsini Goodrich & Rosati, Professional corporation, History, DWDM, Morgan, Lewis & Bockius, Acquisition, LLP, Cloud computing, AI, Calendar, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., BofA Securities, Video game

Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) and Cloud Light Technology Limited (“Cloud Light”) today announced that they have entered into a definitive agreement under which Lumentum will acquire Cloud Light with a transaction value of approximately $750 million, subject to certain adjustments.

Key Points: 
  • Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) and Cloud Light Technology Limited (“Cloud Light”) today announced that they have entered into a definitive agreement under which Lumentum will acquire Cloud Light with a transaction value of approximately $750 million, subject to certain adjustments.
  • The acquisition of Cloud Light is expected to accelerate Lumentum’s push into the fastest growing segments of the multibillion-dollar opportunity for optical modules used in cloud computing data center infrastructure.
  • “With Cloud Light, we are making a strategic investment to significantly expand our opportunities in the cloud data center and networking infrastructure space,” said Alan Lowe, Lumentum president and CEO.
  • “Cloud Light provides us with the highest speed transceiver solutions at scale and complements our advanced component capabilities.

Carlin Consumer Health Acquires Infirst USA Holdings, LLC

Retrieved on: 
Tuesday, October 24, 2023
Other Consumer, Discount, Variety, Supermarket, Convenience Store, Health, Consumer, Pharmaceutical, General Health, Retail, Merck Consumer Health, OTC, Sidley Austin, Growth, Stifel, Emerson, Wilson Sonsini Goodrich & Rosati, Pharmaceutical industry

Carlin Consumer Health (“Carlin”), a preeminent consumer health business that specializes in acquiring leading over the counter (“OTC”) brands, today announced that it has acquired Infirst USA Holdings, LLC (“Infirst”), the parent company of Infirst Healthcare Inc.

Key Points: 
  • Carlin Consumer Health (“Carlin”), a preeminent consumer health business that specializes in acquiring leading over the counter (“OTC”) brands, today announced that it has acquired Infirst USA Holdings, LLC (“Infirst”), the parent company of Infirst Healthcare Inc.
    Infirst is the marketer of two iconic digestive health brands, Mylanta® and Mylicon®, pursuant to a trademark licensing agreement with McNeil Consumer Pharmaceuticals Co. As part of the transaction, Infirst will now become a wholly owned subsidiary of Carlin Consumer Health.
  • “We are very excited to be associated with these two great brands,” said Scott Chapman, President and Chief Executive Officer of Carlin.
  • “We are very excited about this new phase in the company’s history.”
    Founded in 2022, Carlin Consumer Health is sponsored by Hildred Capital Management, Bourne Partners Strategic Capital, and The Emerson Group—and currently markets the OTC acid reducer brand, Zegerid OTC®.
  • Sidley Austin LLP served as legal advisor to Carlin and Wilson Sonsini Goodrich Rosati acted as legal advisor to Infirst.

MedTech Innovator Names StrokeDx as 2023 Global Competition Winner at The MedTech Conference

Retrieved on: 
Wednesday, October 11, 2023
General Health, Health Technology, Health, Medical Devices, Olympus Corporation, Medtech, Quality of life, Algorithm, Zimmer Biomet, MTEC, Stroke, Wilson Sonsini Goodrich & Rosati, Cambridge Consultants, Johnson & Johnson, Patient, SVP, Global Competitiveness Report, Feedback, American Society of Plastic Surgeons, ASPS, NAMSA, FDA, Plastic, Business development, AdvaMed, InterSystems, Growth, MTI, Conference, Pharmaceutical industry, Capgemini, Dexcom, Final

MedTech Innovator , the world’s largest accelerator of medical technology companies, today announced that StrokeDx is the winner of its 2023 Global Competition.

Key Points: 
  • MedTech Innovator , the world’s largest accelerator of medical technology companies, today announced that StrokeDx is the winner of its 2023 Global Competition.
  • From among five finalists in the 2023 cohort, the winner was determined by a live audience vote during The MedTech Conference , powered by AdvaMed, on October 10.
  • Two hundred companies were invited to pitch during the MedTech Innovator Road Tour, with 61 companies ultimately participating in the 2023 Cohort.
  • “The MedTech Innovator program has been incredible, and its impact on our company for years to come will be significant,” said Alexander Ballatori, co-founder and CEO, StrokeDx.

Big Tree Cloud Enters into Definitive Merger Agreement with Plutonian Acquisition Corp. (Nasdaq: PLTN)

Retrieved on: 
Wednesday, October 11, 2023
Cloud, Acquisition, Tripura Merger Agreement, Wilson Sonsini Goodrich & Rosati, Combination company, Commerce, P.C, Form, Maples Group, Form F-4, Marketing, Pub, Sleep hygiene, Research, Retail, Security (finance), Transaction

Big Tree Cloud's product portfolio places a strong emphasis on feminine hygiene products with its sterilized feminine pads and menstrual pants.

Key Points: 
  • Big Tree Cloud's product portfolio places a strong emphasis on feminine hygiene products with its sterilized feminine pads and menstrual pants.
  • "We are excited to complete this business combination between Plutonian and Big Tree Cloud.
  • Upon closing, the current shareholder of Big Tree Cloud will retain a majority of the outstanding shares of the Combined Business and Big Tree Cloud will designate a majority of the proposed directors for the Combined Company's board.
  • Paul Hastings LLP, Commerce & Finance Law Offices and Maples Group are serving as legal counsel to Big Tree Cloud.

Fin Capital Appoints Nicholas Cirella as General Counsel and Chief Compliance Officer

Retrieved on: 
Friday, September 8, 2023
Finance, Business, Professional Services, Asset Management, Fintech, RIA, Farallon Capital, Wilson Sonsini Goodrich & Rosati, Growth, Ecosystem, Registered investment adviser, General counsel, Fin, Capital, Willkie Farr & Gallagher, Security (finance)

Fin Capital , a global asset manager specializing in B2B FinTech, announced today that Nicholas Cirella has been named General Counsel and Chief Compliance Officer, effective immediately.

Key Points: 
  • Fin Capital , a global asset manager specializing in B2B FinTech, announced today that Nicholas Cirella has been named General Counsel and Chief Compliance Officer, effective immediately.
  • Mr. Cirella's appointment marks a significant milestone as the firm's inaugural General Counsel.
  • Founder and Managing Partner of Fin Capital, Logan Allin, expressed his enthusiasm for Nick's appointment, stating, "We are thrilled to welcome Nick to our team.
  • As full lifecycle asset managers, Fin Capital will benefit from Nick’s extensive legal expertise and understanding of the asset management ecosystem.

University Lab Partners announces CytoRecovery and Vena Vitals as the winners of Orange County's 2023 Pitch. Launch. Grow. Competition

Retrieved on: 
Friday, September 8, 2023
Heart, Organizational founder, Sunstone, Research, ULP, Wilson Sonsini Goodrich & Rosati, Johnson & Johnson, Ecosystem, Snell, Pharmaceutical industry

IRVINE, Calif., Sept. 8, 2023 /PRNewswire/ -- University Lab Partners announces CytoRecovery and Vena Vitals as the winners of the 3rd annual Pitch.

Key Points: 
  • IRVINE, Calif., Sept. 8, 2023 /PRNewswire/ -- University Lab Partners announces CytoRecovery and Vena Vitals as the winners of the 3rd annual Pitch.
  • CytoRecovery and Vena Vitals will each be awarded a 1-year sponsored lab bench at University Lab Partners, the premier wet lab incubator in Irvine, California.
  • In addition, they will each receive a $10,000 cash prize sponsored by Sunstone Management through the Sunstone Community Fund.
  • "We are pleased to support the next generation of entrepreneurs through events like University Lab Partners' Pitch.

Eleventh Annual MedtechVISION Conference to Focus on Driving Health Equity

Retrieved on: 
Wednesday, September 6, 2023
DEI (Diversity, Equity and Inclusion), Women, General Health, Health, Medical Devices, Health Technology, Professional Services, Consumer, Gaia, Venable LLP, McDermott Will & Emery, Learning, GE HealthCare, Sprig, Boston Scientific, Bolster, Food and Drug Administration, Health equity, Woman, Sales management, Strategic partnership, Medtronic, Development, Gold, Corporation, AdvaMed, Wilson Sonsini Goodrich & Rosati, Entrepreneurship, Robins Kaplan LLP, FDA, Conference, Platinum, Management, MD, Research

MedtechWOMEN today announced its eleventh annual MedtechVISION Conference, developed by and for women at the forefront of the medtech industry, will be held on Tuesday, September 12, 2023 at the Rosewood Sand Hill in Menlo Park, Calif. and streaming online.

Key Points: 
  • MedtechWOMEN today announced its eleventh annual MedtechVISION Conference, developed by and for women at the forefront of the medtech industry, will be held on Tuesday, September 12, 2023 at the Rosewood Sand Hill in Menlo Park, Calif. and streaming online.
  • MedtechVISION 2023 will be centered around the theme of “Driving Health Equity,” featuring experts from across the industry for a day of networking, learning and collaboration.
  • Hafeezah Muhammad, CEO of Backpack Healthcare, will discuss leveraging technology to address critical societal issues as the patient keynote speaker.
  • This year’s conference is also supported by partner organizations Life Science Intelligence, MedTech Color, MedTech Innovator, Bolster, DeviceTalks, and Diversity by Doing.

Wolters Kluwer thought leader to moderate panel at The Legal AI Revolution Part 2

Retrieved on: 
Wednesday, September 6, 2023
Private law, Theory, Reed Smith, Wilson Sonsini Goodrich & Rosati, AI, Legal informatics, Business case, Law, Medical device

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S., will moderate a virtual panel at The Legal AI Revolution Part 2. The panel, titled "The Business Case for AI: Justifying Investment in a Future We Don't Quite Yet Understand," will be live streamed on Thursday, September 14th, at 9:30 AM CT.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S. , will moderate a virtual panel at The Legal AI Revolution Part 2.
  • "I look forward to joining this exceptional group of panelists to discuss the challenges and opportunities that lie ahead for professionals in our industry."
  • The Legal AI Revolution Part 2 is presented by Inside Practice, a strategic collective utilizing multiple areas of expertise to deliver purpose-driven thought leadership to the legal profession.
  • To register and learn more, visit: The Legal AI Revolution Part 2