LAWFUEL – The Law Firm Newswire – Jones Day has just assisted SAP, the world’s leading provider of business software, in acquiring OutlookSoft Corporation, a privately held provider of integrated planning, budgeting, forecasting, and consolidation software targeted at CFOs.
SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration, and create efficiencies across their supply chain and business operations. SAP’s solution portfolio supports business processes of more than 25 industries, including high-tech, retail, financial services, healthcare and the public sector. SAP has its headquarters in Walldorf, Germany, and has a strong presence in the U.S., throughout Europe, and Asia. OutlookSoft Corporation is based in Stamford, Connecticut.
Jones Day assisted SAP in negotiating the acquisition contract and obtaining antitrust clearance both in the U.S. and Germany. Jones Day’s team was led by Daniel R. Mitz who was assisted by Angela Bernardi, Richard Meamber, and Jessica Belskis. Phil Proger, assisted by Peggy Ward and Bill Kearney, and Thomas Jestaedt assisted by Markus Brune helped obtain antitrust clearance in the U.S. and Germany.