Dentons Boekel assisted global tech giant Oracle in reaching a definitive agreement to acquire 100% of shares in Wercker Holding from a group of investors and the founder. The transaction, signed on 14 April, is subject to customary closing conditions. Until the final closure of the transaction, Oracle and Wercker will continue to operate independently.

Wercker is a Dutch software company that helps organizations and their development teams to deploy their applications and micro-services. Oracle is building an IaaS and PaaS platform as the foundation for a new generation of cloud computing. The deal will create synergies between both companies and will help developers focus on building and delivering top quality products and applications.

The Dentons Boekel team of Partner Casper Haket and Associate Bastiaan van Rath acted as Dutch counsel to Oracle.

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