Cases & Deals

Deutsche Telekom subsidiary purchases stock in private placement by Netbiscuits GmbH

Client(s) Deutsche Telekom AG

Jones Day advised Deutsche Telekom AG in connection with the purchase by Deutsche Telekom Venture Funds GmbH of stock in a private placement by Netbiscuits GmbH, a leading cloud software service for cross-platform development, operation, and management of mobile sites and apps. Deutsche Telekom Venture Funds GmbH is managed by T-Venture Holding GmbH and both are subsidiaries of Deutsche Telekom AG, an integrated telecommunications provider offering its customers around the world a portfolio of services in the areas of telecommunications and information technology and the largest telecommunications company in Europe.