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Corporate team advises on cross-border cloud computing sale
Posted: 22/01/2021
The corporate team at Penningtons Manches Cooper has advised Wirehive, a web hosting consultancy based in Farnborough, Surrey, on its sale to Colorado based Pax8, an award-winning distributor of cloud technologies.
Corporate team acts for Webexpenses on sale to Australian-listed HCM software specialist
Posted: 21/01/2021
The corporate team at Penningtons Manches Cooper has advised Webexpenses, a global business expense management platform, on its acquisition by ELMO, a leading Cloud HCM (Human Capital Management) software company listed on the Australian stock exchange......>>
National Security and Investment Bill: implications for technology and life sciences businesses
Posted: 18/12/2020
The National Security and Investment Bill represents a major change in UK regulation of takeover and investment transactions, giving the Government power to intervene in a wide range of transactions on national security grounds. The new powers can be applied to any business but a mandatory notification regime...…>>
Corporate team advises AI spin out on Series A investment
Posted: 20/11/2020
The corporate team at Penningtons Manches Cooper has advised Mind Foundry, an Oxford-based artificial intelligence company, on its Series A investment. The funding round, which closed at over £10 million, was led by Aioi Nissay Dowa Insurance (ANDI) of the MS&AD Insurance Group and brings Mind Foundry’s...…>>
Penningtons Manches Cooper advises Oxford University’s 200th spin-out company
Posted: 10/11/2020
Penningtons Manches Cooper’s corporate team has advised cyber security specialist PhishAR, as it becomes the 200th company created through Oxford University Innovation (OUI), the commercialisation arm of Oxford University......>>

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Technology update - Autumn 2020
Welcome to the inaugural edition of the PennTech update, a new regular e-publication from our technology sector team at Penningtons Manches Cooper. This edition focuses on data – as developments and regulatory updates have been coming thick and fast in this area – and we look at international data transfers, regulatory action which is relevant to international organisations and on online trading compliance requirements.

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