Demarest e Almeida has advised Diebold to acquire, through its
Brazilian subsidiary, Procomp Indústria Eletrônica
Ltda,, 100% of GAS Tecnologia, a leading Internet banking, online
payment and mobile banking security company headquartered in
Brasília, after more than 6 months of negotiation. GAS is a
software-led services provider specializing in security solutions
for Internet and mobile banking.
"This is a very strategic acquisition for Diebold and will
certainly contribute for Diebold's growth in the security
field. The complexity of the negotiations, which took over 6
months, was due to the intellectual property aspects involved and
to the relevance of the acquisition in this market." - as
informed byLuciana Cossermelli Tornovsky, M&A partner
of Demarest e Almeida Advogados
For more information, please see press release at http://news.diebold.com/article_display.cfm?article_id=5188
Date of Closing: August 31, 2012
Date of Announcement: September 5, 2012
Parties involved in the negotiations:
In-House Counsel to Diebold Brazil:
Maurício Nazar de Abreu (Legal Manager)
Brazilian Counsel to Diebold:
Demarest e Almeida Advogados
Partners: José Diaz, Luciana Cossermelli Tornovsky, and
Tatiana Campello
Associates: Vitor Henriques and Débora Sejtman
Brazilian Counsel to Gas Tecnologia:
Levy & Salomão Advogados
Partner Daniel Tardelli Pessoa
Associates: Christian Galvão Davies and Fernanda Perez
Jacomini
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