Kramer Levin Closes Aladdin Knowledge Systems Merger

Kramer Levin client Aladdin Knowledge Systems Ltd. announced on March 24 that it had completed its previously announced merger, valued at $160 million, with an investor group led by Vector Capital. The Kramer Levin deal team consisted of Richard H. Gilden, Ernest S. Wechsler, Robert M. Heller, Jeffrey Taylor, Stephanie N. Restifo and Ari Edelman. The deal was announced on January 12.

Aladdin Knowledge Systems is an information security leader with offices in 15 countries, a worldwide network of channel partners, and numerous awards for innovation, whose shares are traded on Nasdaq and the Tel Aviv Stock Exchange.

Vector Capital is a leading private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses.