Akin Gump Strauss Hauer & Feld LLP

07/29/2021 | Press release | Distributed by Public on 07/29/2021 15:11

Akin Gump Advises Starboard Value through Closing of Business Combination with Cyxtera Technologies

(New York) - Cyxtera Technologies, Inc., a global leader in data center colocation and interconnection services, today announced it has completed its business combination with Starboard Value Acquisition Corp. (SVAC). A team from Akin Gump advised SVAC on the transaction.

The business combination, which was approved by SVAC's stockholders at a special meeting on July 28, provides Cyxtera access to new capital sources to fuel growth, accelerate product and technology innovation, enhance its ability to quickly meet customer needs and support further strategic go-to-market efforts.

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The Akin Gump team advising SVAC was led by corporate partners Alice Hsu,Jeffrey Kochian, who heads the practice, and Kerry Berchem. They were joined by corporate senior counsel Alexandra Reuss, counsel Alena Geffner-Mihlsten and Yehuda Raskin, associates Travis Cherry, Sanzana Faroque and Lynn Sherwood, and senior regulatory counsel William Wetmore; executive compensation and employee benefits partner Aimee Adler; and investment management partner Jason Daniel.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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