Top 10 Legal Advisors in Technology, Media & Telecom Industry in the World in 2022 by Deal Volume
Wilson Sonsini Goodrich & Rosati Professional Corp, Kirkland & Ellis LLP, Latham & Watkins LLP, Willkie Farr & Gallagher LLP, and CMS Legal Services EEIG are among the top 5 legal advisors in the technology, media & telecom industry in 2022 by deal volume. The Elon Musk-Twitter was a major deal in the Technology, Media & Telecom sectors in 2022. McDermott Will & Emery, Wilson Sonsini Goodrich & Rosati, Professional Corporation, and Simpson Thacher & Bartlett LLP served as legal counsel to Twitter, while Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Musk. X Holdings I, Inc. and X Holdings II, Inc, entities wholly owned by Elon Musk, the CEO of Tesla, have acquired the remaining 90.8% stake in Twitter Inc, a US-based provider of online social networking services, for the consideration of $39,952 million. The deal was completed by Q4 2022. The Evergreen Coast Capital and Vista Equity Partners-Citrix Systems was a major deal in the Technology, Media & Telecom sectors in 2022. Goodwin Procter LLP acted as legal advisor to Citrix, while Kirkland & Ellis LLP served as legal advisor for Vista, and Gibson, Dunn & Crutcher LLP and Debevoise & Plimpton LLP were legal advisors to Evergreen. Evergreen Coast Capital Corporation and Vista Equity Partners Management have acquired Citrix Systems, Inc, a cloud computing, and virtualization technology company, for $16,500 million, including the assumption of Citrix debt. All the entities involved in the transaction are based in the US. The deal was completed in Q3 2022. DigitalBridge and IFM Investors-Switch Inc was one of the major deals in the Technology, Media & Telecom sectors in 2022. Latham & Watkins LLP served as legal advisor to Switch Inc, and Simpson Thacher & Bartlett LLP acted as legal counsel for IFM Investors, while Simpson Thacher & Bartlett LLP, and White & Case LLP served for DigitalBridge. DigitalBridge Group, Inc., through DigitalBridge Partners II, and an affiliate of IFM Investors has acquired all outstanding common shares of Switch, Inc., a developer of data center facilities and provides colocation, telecommunications, cloud services and content ecosystems, for $34.25 per share in an all-cash transaction valued at approximately $11,000 million.