Hamilton Assignment

Hamilton legal adviser to Cinnober

Hamilton is le­gal ad­vis­er to Cinnober Financial Technology Aktiebolag (publ) (”Cinnober”) in con­nec­tion with its ac­qui­si­tion of the busi­ness and as­sets of Ancoa Software (“Ancoa”). Ancoa’s busi­ness con­sists of de­vel­op­ment and de­liv­ery of soft­ware sys­tems for sur­veil­lance and in­sight­ful an­a­lyt­ics for the fi­nan­cial mar­ket, in­clud­ing banks, ex­changes and reg­u­la­tors.

Cinnober and Ancoa have been in a part­ner­ship re­gard­ing sale of sur­veil­lance sys­tems as an ad­di­tion to Cinnober’s own port­fo­lio of prod­ucts of­fered to cus­tomers on the fi­nan­cial mar­ket. Ancoa’s busi­ness is un­der­go­ing a steady growth and by the ac­qui­si­tion Cinnober can add a mod­ern sur­veil­lance sys­tem to its own of­fer­ing of prod­ucts. As a re­sult of the ac­qui­si­tion, Cinnober now can add to its own of­fer­ing a sur­veil­lance sys­tem and ap­prox­i­mate­ly ten new cus­tomers. Hamilton Advokatbyrå has act­ed as le­gal ad­vis­er to Cinnober. Osborne Clarke act­ed as le­gal ad­vis­er to Cinnober on mat­ters of English law.