Labour repercussions of technology firm’s acquisition. Estudio Olaechea assisted technology leader Cisco Systems Peru with the labour repercussions in Peru of the client’s acquisition of Accedian—a virtualised assurance platform. Our firm assessed the impact the acquisition would have on Accedian’s employees and/or independent contractors. This involved multiple employment contract terminations and hirings.
Review of relevant documents for termination and subsequent hiring: We advised the client on the labour structuring of the deal, reviewing the relevant documents for the termination of employees and/or independent contractors in Accedian, closely followed by their subsequent hiring in the new structure.
Manifold labour aspects in major acquisition in technology sector: The case is important because it involved the acquisition of an important technology company, which required our firm to work on the analysis of labour matters such as due diligence, transfer of contract, continuity, recognition of seniority, labour obligations, labour risks, and termination of previous relationships.
Two leaders in network technology and tech services: Cisco Systems is a prominent American multinational technology company specialising in networking hardware, software, telecommunications equipment, and high-technology services. Accedian is a Canadian company specialising in the development of software and hardware for network and application performance monitoring.
Latest development: We successfully assisted the client in this matter.
