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Ericsson Completes Acquisition of Ambient

Paul, Weiss client Ericsson Inc. completed its acquisition of substantially all of the assets of Ambient Corporation, a provider of smart grid communications technology for utilities.  Ericsson entered into a stalking horse asset purchase agreement in July to acquire Ambient's intellectual property portfolio out of bankruptcy.
The Paul, Weiss team included corporate partners Jeffrey Marell and Marilyn Sobel and counsel Richard Elliot; intellectual property counsel Menachem Kaplan; tax partner Richard Bronstein; employee benefits counsel Reuven Falik; and bankruptcy counsel Diane Meyers.

September 30, 2014

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