Noerr Budapest Helps Advise on Sale of Saxonia Systems to Carl Zeiss AG

Noerr Budapest Helps Advise on Sale of Saxonia Systems to Carl Zeiss AG

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The Budapest office of Noerr has joined the firm's multi-jurisdictional team advising Saxonia Systems Holding GmbH on its sale of Saxonia Systems AG to Carl Zeiss AG. P+P Pollath & Partners advised the buyers on the deal.

According to Noerr, "the new company, Carl Zeiss Digital Innovation, will provide increased support to the Zeiss divisions in digital projects. Business for existing customers will be continued. With a workforce of around 250 in Dresden and at five other locations, Saxonia Systems has been an important software development partner of Zeiss for over a decade. Zeiss intends to significantly expand the activities and workforce of the new company Carl Zeiss Digital Innovation. With the integration of the Hungarian affiliate ETEO Software Factory Kft., Carl Zeiss Digital Innovation’s workforce will increase by 60 to over 300 in March."

Noerr Budapest Counsel Akos Bajorfi joined the firm's Dresden-based team, which was led by Partner Jens Gehlich and Associates Partner Uwe Brendler and included Associated Partner Yvonne Dietzel and Associates Christin Haberecht and Peter Scheuch.