Ericsson (NASDAQ: ERIC) has announced a strategic partnership with LotusFlare, a software development company that serves the telecommunications industry and enterprises. In conjunction with this partnership, Ericsson has acquired a minority stake in LotusFlare.
Latham & Watkins LLP represented Ericsson in the transaction with a corporate deal team led by London partner Nick Cline and Boston partners Elizabeth Slawsby and Ryan McCarthy, with associate Sydney France and assistance from Talia Wyschogrod. Advice was also provided on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson; on labor and benefits matters by Washington, D.C. counsel Laura Szarmach and Chicago counsel Laura Waller, with associate Ellie Graham; on intellectual property matters by associates Deborah Hinck, Zach Shufro, and Susana Santos; and on regulatory matters by Washington, D.C. partner Damara Chambers, Brussels counsel Philipp Studt and Wesley Lepla, and Washington, D.C. counsel Zachary Eddington, with associate Telmo Iriondo.
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