Acano (UK) Limited was founded in 2012 to provide online collaboration platforms via audio, web and video conferencing. Based in London, Acano’s 170+ employees operate across four continents with other bases in Norway, Sweden, Australia and the USA.
The share purchase agreement was signed on 20 November 2015. The deal completed on January 29, 2016.
Janita Good, Partner at Osborne Clarke, said:
“We have been advising Acano since its incorporation and it is fantastic to see the company being acquired by such a well-known brand as Cisco.”
The Osborne Clarke team advised Acano on all UK law matters. Partner Janita Good led the deal with Senior Partner Andrew Saul and Head of Reading Office Partner James Massy-Collier. They were assisted by corporate Associates William Nicolson and Samantha Peacock. Advice was also provided on tax matters by corporate tax partner Erika Jupe, on employee incentives by tax Partner Karen Cooper and Associate Director Sue El Hachimi, on employment matters by Head of London Office David Cubbitt, Senior Associate Camilla Fell and on antitrust matters by Partner Simon Neill and Associate Rebecca Malone.
