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US giant acquires Aus tech company
Two firms have advised on the acquisition of an Australian technology business by a US-headquartered company.
Emma Musgrave
Firms: Piper Alderman (Plexsys); HopgoodGanim Lawyers (ImmersaView)
Value: Confidential
Area: M&A
Key players: The legal team advising Plexsys was led by Piper Alderman partner Peter Dwyer (pictured), with assistance from special counsel Jonathan Whybird and senior associate Kara Pennisi.
Deal significance: Plexsys is a US-headquartered company that focuses on live virtual constructive (LVC) environment generation, datalink and communication technologies.
ImmersaView is an Australian company focused on advanced display and video/audio data after action review (VADAAR) software technologies.
This transaction will enable the companies to combine their technologies to enhance LVC training for industries such as defence, mining and academia.
“ImmersaView has operations in Australia, the US and the UK,” Piper Alderman partner Peter Dwyer said.
“The deal required working with Plexsys US counsel on cross-border matters, as well as considering complex commercial and intellectual property issues.
“The transaction enhances Plexsys’ reputation as the market leader in LVC technology for defence and expands into commercial markets of emergency response, mining, academia and other industries.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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