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Wolosky and Silverman Lead Sale of Ness Technologies

October 11, 2011

Olshan’s client Ness Technologies, Inc., a global provider of information technology solutions and services, announced that the company has merged with an affiliate of Citi Venture Capital International (CVCI), a global private equity investment fund. The transaction had an equity value at approximately $307 million. The Olshan team that worked on this transaction included: Corporate: Steve Wolosky, Kenneth M. Silverman, Kenneth S. Mantel and Patrick J. Curtis; Tax: Nina Krauthamer; Intellectual Property: Mary L. Grieco; Employee Benefits: Barry L. Salkin; and Insurance Coverage: Allen R. Wolff.

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