DLA represented Pacific DataVision, Inc., a provider of mobile workforce management solutions, in a 144A offering of shares of its common stock worth US$218 million. The firm also represented Pacific DataVision in its US$100 million acquisition of FCC spectrum licenses from Sprint Corporation, as well as its licensing transaction of US$17.5 million by Motorola Solutions, Inc.
Following the transactions, Pacific DataVision is now the only nationwide licensee of spectrum focused on launching a state-of-the art two-way radio network dedicated solely to serving businesses. The service will target dispatch-oriented small and medium-sized business in the major metropolitan markets of the United States.
The DLA Piper team representing Pacific DataVision was led by corporate partner Jeffrey Thacker (San Diego) and included partners Ann Lawrence (Los Angeles), Stacy Paz (Silicon Valley), Kim Newmarch (Chicago), Paolo Morante (New York), Christina Houston (Wilmington), and associates Ryan Gunderson (San Diego) and Paolo Pasicolan (Baltimore).
Source: news.dlapiper.com
