Baker & McKenzie has advised Carnegie and ABG Collier in a deal worth SEK 510 Million ($61 million), to secure the IPO of Tobii. Tobii is a global market leading provider of eye-tracking solutions and was listed on Nasdaq Stockholm on 24 April 2015, with a market cap value of SEK 2.1 billion.
A product with an integrated eye-tracking sensor knows what a user is looking at, making it possible to interact with computers and machines using your eyes. Tobii conducts its business through three business units:
* Tobii Dynavox - a globally leading supplier of assistive technology for communication. Today, the business’ products comprise of both eye-tracking based and touchscreen based AAC-devices as well as various software.
* Tobii Pro - a globally leading supplier of eye-tracking solutions for behavioural research studies
* Tobii Tech - a leading supplier of eye-tracking components and platforms to integration customers.
Tobii operates globally from offices in Sweden (Headquarters), the U.S. (offices in Boston, Washington DC, Pittsburgh and Mountain View), China, Japan, U.K., Germany and Norway.
Carnegie is Global Coordinator and Joint Bookrunner in the IPO and ABG Sundal Collier is Joint Bookrunner. Baker & McKenzie acted as legal advisor for Carnegie and ABG Sundal Collier on Swedish and US law. Partner Joakim Falkner, assisted by associates Henric Roth, Carl Levin and Johan Strand From the Firm’s Stockholm office assisted in this deal, as well as Don Guiney and Roger James from the London office. In addition several attorneys from the Firm’s offices in New York, Beijing, Toronto, Sydney, Paris, Frankfurt, Budapest and Tokyo where also involved in the IPO.