Arthur Cox is very pleased to have advised Openet on its acquisition by Amdocs for net consideration of approximately $180 million in cash which, subject to the satisfaction of the conditions to closing, is expected to be completed before the end of 2020.

The Arthur Cox team was led by Connor Manning (Partner, Corporate and M&A) and included Sarah McDermott, Tim Gleeson and Ellen Gaffney (Corporate and M&A), Olivia Mullooly (Technology and IP), Ailish Finnerty and Elaine Mooney (Tax), Patrick Horan and Edel O’Connell (Antitrust and Regulated Markets), Ultan Shannon, Jennifer White and Padraig Leyden (Finance) and Kevin Langford and Grace Gannon (Employment).

Read more about the deal here.