Saraf And Partners Advised Megaport On Acquisition Of India’s Extreme IX

Saraf and Partners Advised Megaport on Acquisition of India’s Extreme IX

The prominent, full-service Indian law firm, Saraf and Partners acted as legal counsel to Megaport Limited (“Megaport”), a leading Australian networks company, in its strategic acquisition of 100% equity stake in Extreme Infocom Private Limited (“Extreme IX”), India’s leading internet exchange provider, from its parent entity, Extreme Labs AD, a Bulgaria-headquartered software and network engineering company that incubated the Extreme IX platform. The financial terms of the transaction were not disclosed.

The Saraf and Partners transaction team was led by Vaibhav Kakkar (Senior Partner) and Snigdhaneel Satpathy (Partner), with support from Shirin Singh (Senior Associate), Ishaan Gupta (Associate), and Suraj Kumar (Associate). Gangesh Varma (Principal Associate) provided crucial support on regulatory aspects.

The due diligence team was led by Snigdhaneel Satpathy (Partner) and included Shirin Singh (Senior Associate), Ishaan Gupta (Associate), Samiksha Bhargava (Associate), and Devansh Sehgal (Associate).

Saraf and Partners was pleased to collaborate with Megaport in establishing its India presence and to work alongside Jemima Harris (Chief Legal Officer, Megaport) and the wider Megaport team on this strategic transaction.

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