3D-Software: GvW Graf von Westphalen advises the shareholders of Simi Reality Motion Systems in the sale to ZF Friedrichshafen
The shareholders of Simi Reality Motion Systems GmbH ("Simi") headquartered in Unterschleißheim have sold 90% of the shares to ZF Friedrichshafen AG ("ZF"). GvW Graf von Westphalen represented the sellers in this M&A transaction.
Simi specializes in image-based 3D systems to identify and analyze human movement. The company has many years of experience as a developer of this 3D software in the fields of professional sports of medicine. This know-how is also of great importance in the automobile industry when developing systems to recognize passengers. These systems are a major element in integrated safety for driverless vehicles.
ZF has the goal of being able to offer integrated safety systems from a single source as a result of the stake in Simi. This worldwide group in the field of mobility technology is one of the broadest based suppliers of automotive safety technology with passenger protectied systems such as safety belts, airbags or steering wheels combined with sensors for the area around the vehicle and the interior and corresponding software. ZF currently is present in 40 countries with 149,000 employees at roughly 230 sites.
GvW advised Simi in this transaction under the leadership of Titus Walek (M&A) with a team consisting of Felix Wolf (corporate law), Zehnah Sino (M&A), Dr. Philipp Wiesenecker, Julia Kusmijtschuk (both employment law), Dr. Kristofer Bott (IT/IP), Dr. Frank Tschesche and Dr. Michael Engel (both tax law).
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.
You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.