Walder Wyss has advised the selling founders on the deal. Vischer advised the buyer.
Nautilus, Inc. (NYSE: NLS), an innovation leader in home fitness, has acquired Zurich based VAY AG, a leader in motion detection and analysis. The financial terms of the transaction were not disclosed.
Based in Switzerland, VAY’s proprietary technology enables computers to understand human motion using cameras.
The technology allows clients in fitness and health to understand and analyse human movement, providing personalised feedback on repetitions and form in real-time.
The Walder Wyss team was led by Boris Räber (Picture – Managing Associate, Corporate/M&A) and further included Irène Suter-Sieber (Partner, Employment), Maurus Winzap (Partner, Tax), Fabienne Limacher (Partner, Tax), Michael Isler (Partner, IT), Janine Corti (Counsel, Tax), Caroline Gaul (Senior Associate, IT), Christoph Zaugg (Associate, Corporate/M&A), Carmen Spichiger (Associate, Corporate/M&A) and Viktoriya Chernaya (Junior Associate, Corporate/M&A).
The Vischer team was co-led by Dr. Jürg Luginbühl and Dr. Benedict F. Christ with Flavio Langenegger, Anna Züst (all Corporate/M&A), Pauline Pfirter, Elias Mühlemann (both Regulatory, Intellectual Property, IT and Data Protection) and Gian Geel (Employment).
Involved fees earner: Benedict Christ – VISCHER AG; Gian Geel – VISCHER AG; Flavio Langenegger – VISCHER AG; Jürg Luginbühl – VISCHER AG; Elias Mühlemann – VISCHER AG; Pauline Pfirter – VISCHER AG; Anna Züst – VISCHER AG; Viktoriya Chernaya – Walder Wyss Ltd.; Janine Corti – Walder Wyss Ltd.; Caroline Gaul – Walder Wyss Ltd.; Michael Isler – Walder Wyss Ltd.; Fabienne Limacher – Walder Wyss Ltd.; Boris Räber – Walder Wyss Ltd.; Carmen Spichiger – Walder Wyss Ltd.; Irène Suter-Sieber – Walder Wyss Ltd.; Maurus Winzap – Walder Wyss Ltd.; Christoph Zaugg – Walder Wyss Ltd.;