DLA Piper advised Delta on its acquisition of global video surveillance provider March Networks

On December 8, 2021, Delta Electronics, a global leader in power and thermal management solutions, completed the acquisition of global video surveillance provider, March Networks.

Delta acquired all of the shares in Infinova (Canada) Ltd., owner of Canadian-based video surveillance and business intelligence leader March Networks® from Infinova International Ltd. for USD$114 million through its subsidiary Delta International Holding Limited B.V. The deal is expected to strengthen Delta's presence in the growing video surveillance market and complement its building automation solutions.‎

Founded in 1971, Delta is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG.

The DLA Piper (Canada) LLP transaction team was led by Robert Fonn and P. John Landry, and included Sarah J. Bode (corporate), Catherine A. Pawluch (regulatory), Kevin F. Fritz (tax), Maxime Lutz (corporate), Matthew Demeo (employment), Jamie Mandell (corporate), David Spratley (IP) and Tamara L. Nielsen (privacy). The team was supported by DLA Piper in the US, Italy, France, UK, Netherlands, Australia, Mexico, Singapore, Hong Kong and Dubai.

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 11 consecutive years, according to Mergermarket.