Herbst Kinsky has advised the owner of Sipwise GmbH on the sale of the company to Alcatel Lucent Enterprises. The buyer was represented by Jones Day's Munich office.
Financial details of the transaction were not disclosed.
Sipwise GmbH, founded in 2008, is an IT start-up that develops open source based software, delivers core telecom switching infrastructure to replace existing legacy infrastructure, and enables new over-the-top services for telecom operators.
Herbst Kinsky´s team was led by Partner Philipp Kinsky with the support of Attorneys Carl Walderdorff and David Pachernegg.