Mayer Brown, Tauil & Chequer Advogados (Mayer Brown) and Andrade & Rechtman advised on the deal
RigNet, Inc. (NASDAQ:RNET) has agreed to acquire Intelie Soluções em Informática SA, a real-time, predictive analytics company that is an award-winning, early pioneer in deep machine learning and planning optimization. With a presence in Houston, Rio de Janeiro, São Paulo, and London, Intelie optimizes critical operations through technological solutions specialized in stream data analytics with high data volumes and high data throughput. The transaction is anticipated to close in Q1 2018, subject to customary closing conditions.
Combining an operational understanding with a machine learning approach, Intelie facilitates innovation via Intelie Pipes, a distributed query language with a complex event processor to aggregate and normalize real-time data from a myriad of data sources. This technology enables the Intelie LIVE platform to solve data integration, data quality, data governance and monitoring problems. Intelie LIVE is an operational intelligence platform that empowers clients to make timely, data-driven decisions in mission-critical real-time operations, including drilling, and longer-term, data-intensive projects, such as well planning.
Intelie’s highly differentiated real-time machine learning platform and services have currently been tailored to support energy and maritime companies, who are increasingly looking to continuously optimize their business processes. The acquisition will leverage Intelie’s unique capabilities and market position to distinguish and enhance RigNet’s bundled communications services. Additionally, Intelie’s team of data scientists and software developers will accelerate RigNet’s strategy to move up the network stack, furthering the development of effective applications powered by data.
RigNet (NASDAQ:RNET) is a leading global specialized provider of customized systems and solutions serving customers with complex data networking and operational requirements. The company, led by Steven E Pickett, Brendon Sullivan and Brad Eastman, in 2017 recorded $204 Million Revenues.
Mayer Brown advised RigNet with Robert Gray (Picture) and John Furlow. In Brazil, Tauil & Chequer Advogados (Mayer Brown) advised RigNet with Socios Guilherme Vieira e Ivan Tauil, Cristiane Manzueto, Thais Rodrigues, Larissa Pinho and Thatiane Campello.
Andrade & Rechtman Advogados advised Intelie Soluções em Informática S.A. with Marcelo Rechtman.
Involved fees earner: Marcelo Rechtman – Andrade & Rechtman; Robert Gray Jr. – Mayer & Brown; John Furlow – Mayer & Brown; Guilherme Vieira da Silva – Mayer & Brown; Larissa Rodrigues Pinho – Mayer & Brown; Ivan Tauil – Mayer & Brown; Thais Bandeira de Mello Rodrigues – Mayer & Brown; Cristiane Manzueto – Mayer & Brown; Thatiane Campello – Mayer & Brown;
Clients: RigNet Inc.;