Shearman & Sterling Advises on Sale of SafeNet to Gemalto

Shearman & Sterling represented SafeNet and Vector Capital in Gemalto’s acquisition of SafeNet from Vector Capital in an $890 million transaction.

Gemalto is a world leader in digital security with 2013 annual revenues of €2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.

SafeNet is one of the largest dedicated digital information security companies in the world, trusted to protect, control the access to, and manage the world’s most sensitive data and high value software applications. Vector Capital is a leading global private equity firm specializing in transformational investments in established technology businesses.

The Shearman & Sterling M&A lawyers involved in this transaction include partners Steve Camahort (San Francisco-Mergers & Acquisitions) and Dana Kromm (San Francisco-Mergers & Acquisitions) and associates Christine Huang (San Francisco-Mergers & Acquisitions) and Elizabeth Meyer (San Francisco-Mergers & Acquisitions). Other lawyers involved include partners Larry Crouch (Palo Alto-Tax) and Richard Hsu (Palo Alto-Intellectual Property Transactions); counsel Daniel Stellenberg (Palo Alto-Executive Compensation & Employee Benefits); and associates Kelly Karapetyan (New York-Antitrust), Zheng Bao (Palo Alto-Intellectual Property Transactions), Stephanie Monastra (New York-Executive Compensation & Employee Benefits) and Ryan Bray (Palo Alto-Tax).

www.shearman.com