Foley & Lardner LLP has advised Software AG, a leading provider of data management solutions, on its $584 million (EUR 524 million) cross-border acquisition of StreamSets, Inc. by way of a reverse triangular merger.
As an enterprise-grade supplier of data integration services, StreamSets will augment Software AG’s ability to collect, consolidate, and move data between on-premises applications, data streams, Software-as-a-Service (SaaS) applications, legacy data storage, and cloud data platforms. The combined hybrid Integration-Platform-as-a-Service (iPaaS) offering will deliver consolidated, conformed, and continuous data to smart applications and the modern connected enterprise.
The Foley team was led by Partner Susan Pravda with assistance from Partner Pavan Agarwal and Senior Counsel Alex Miska alongside colleagues in the firm’s Boston, Chicago, Washington, D.C., and Milwaukee offices.
To learn more about this transaction, please visit the Software AG website.
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