Leipzig-based replex GmbH has been acquired by US tech company Cisco Systems Inc. GvW Graf von Westphalen advised the founders of replex on related corporate, tax and employment law matters.
Founded in 2016, replex provides a software platform for cost management and the governance of the open source Kubernetes system for cloud-native infrastructures.
Cisco Systems was founded in 1984 in Stanford, California, and today is one of the world's leading technology companies with more than 65,000 employees.
GvW advised the founders of replex GmbH through Titus Walek (lead), Andrea Torka (both corporate), Dr Frank Tschesche (tax law) and Dr Philipp Wiesenecker (employment law, all Frankfurt).
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.
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