Maddocks advises on broadband tech merger

The merger is valued at approximately $161m

Maddocks advises on broadband tech merger

Maddocks has advised NetComm Wireless Limited on its merger by way of scheme of arrangement with broadband technology provider Casa Systems.

NetComm Wireless Limited is a leading developer of fixed wireless broadband, fibre, and cable to the distribution point technologies. The company is headquartered in Sydney and has offices in the United States, Europe, and New Zealand.

Maddocks were the advisers to NetComm throughout the scheme of arrangement process. The merger valued NetComm at approximately $161m.

The Maddocks team was led by partners Ron Smooker and Andrew McNee, who were supported by senior associates Julian Law and Laura Gordon, associate Sharee Darwinkel and lawyer Laura Wood.

“Casa and Netcomm share similar values, as well as rich engineering cultures,” said Jerry Guo, president and chief executive officer of Casa Systems. “We look forward to building on both companies’ long histories of bringing innovative products to the communications industry.”

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Allens assists on $1.4bn capital raising applying ASX temporary class waiver

Hall & Wilcox plays major role in assets acquisition by fintech investor

CEO and managing partner parts ways with DWF

Authenticity and trustworthiness are critical to professional success, says G+T partner

Global healthcare company receives $1.2bn equity boost with HSF’s help

US bar comments on nationwide protests after George Floyd death

Most Read Articles

Lander & Rogers beefs up technology and digital practice with new partner

Baker McKenzie’s IPTech team gets an upgrade with new partner

Authenticity and trustworthiness are critical to professional success, says G+T partner

Gadens helps e-sports guru get in the game on $4.2m sale