PARIS (1 July 2013) – International law firm McDermott Will & Emery advised Fujitsu Ltd, the leading Japanese provider of IT and communication software, on the acquisition of 100 percent of the share capital of RunMyProcess, a French company developing cloud-computing software.
The shares were acquired from 20 shareholders, including the company's founders and an investment fund. The purchase price was EUR €16 million.
With the acquisition of RunMyProcess, Fujitsu plans to expand its portfolio of cloud-computing services and its ability to enter new markets. Although such cloud-computing platforms still have limited presence in Japan, they are already frequently used by companies in Europe and the United States, where the market is growing at a rate of about 20 percent per year.
McDermott Will & Emery advised Fujitsu on major aspects of the deal. Corporate partners Jacques Buhart, Nicolas Lafont and Jonathan Wohl as well as associate Benoît Zagdoun served on the deal team. Additionally, McDermott partner Jilali Maazouz and associate Ludovic Bergès advised on the employment aspects of the transaction while McDermott partner Antoine Vergnat provided tax counsel to Fujitsu.
About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach to Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.