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Ericsson Completes Acquisition of Ambient
- Client News
- September 30, 2014
Paul, Weiss client Ericsson Inc. completed its acquisition of substantially all of the assets of Ambient Corporation, a provider of smart grid communications technology for utilities.听 Ericsson entered into a stalking horse asset purchase agreement in July to acquire Ambient's intellectual property portfolio out of bankruptcy.
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The Paul, Weiss team included, among others, corporate partners Jeffrey Marell and Marilyn Sobel and counsel Richard Elliot; intellectual property counsel Menachem Kaplan; tax partner Richard Bronstein;听and bankruptcy counsel Diane Meyers.