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published
AUGUST
23,
2011 |
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CMS
Hasche
Sigle
advises
on
sale
of
ICIDO
GmbH
to
ESI
Group |
|
AESI Group of France has acquired
Stuttgart-based ICIDO GmbH, a European leader in virtual
reality and virtual engineering. The seller is a group of
private equity investors.
A team led by lead partner Dr Ulrich Springer advised the
sellers, including PE investors Cipio Partners,
HeidelbergCapital, LBBW Venture Capital and VCG Venture
Capital, on all aspects of the transaction.
ICIDO GmbH was established in 2000 with the objective of
marketing and commercialising high-tech research from the
Fraunhofer Institute. Its work was recognised in 2003 when
it was named "Startup of the Year". The company's solutions
provide digital decision-making support for measures to cut
costs and boost sales. ICIDO GmbH's customers include
companies such as Audi, Airbus, BMW, Boeing, Bombardier,
Caterpillar and John Deere.
Advisers CMS Hasche Sigle:
Dr Ulrich Springer, Corporate, Lead Partner
Sebastian Wilhelm, Corporate
Prof. Angelika Thies, Tax
Martina Tippelhofer, Tax
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