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White & Case Advises NTT Communications Corporation On Its Acquisition Of An 80% Stake In Ragingwire Data Centers.

31 October 2013

 

Tokyo, Palo Alto, October 30, 2013 … Global law firm White & Case LLP has advised NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (the Nippon Telegraph and Telephone Corporation), on its acquisition for US$350 million of an equity stake of approximately 80% in RagingWire Data Centers (RagingWire), a leading provider of data center services in the United States. The acquisition follows a definitive agreement reached with RagingWire shareholders. Its founders and management team will continue to operate the company as a platform under the RagingWire brand and maintain a minority interest in the company.

 

The acquisition will more than double NTT Com’s data center space in the US, which will enable the company to respond to high demand for data center services in North America. NTT Com will also deploy RagingWire’s know-how and patented technologies for the design and operation of highly dependable, scalable and sophisticated data centers.

 

The White & Case team which advised on the acquisition was led by Tokyo-based partner Brian Strawn with support from Tokyo associates Eric Marcks, Tadanao Oshima, Karl Pires, William Moran, Tina Shang, Larry Munoz and Andrew Robinson. It also included Silicon Valley-based partner Eric Hwang and associates Natalie Dana, Amy Bagdasarian, Ruchita Dhawan and Richard Lee, New York-based partner David Dreier, counsels Steve Lutt and Paul Milmed, partner Mark Hamilton, counsel Tal Marnin, associates Seth Kerschner, Kellie Thomas, Lynn Diamond and counsel Rebecca Farrington, partner Richard Burke and counsel Norman Fry in Washington DC and associates Melody Ching and Erica Lam in Hong Kong.

 

 

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