11/09/2024 | Press release | Distributed by Public on 11/09/2024 17:32
Dechert advised Bentley Systems, an infrastructure engineering software company, on its acquisition of Cesium, a 3D geospatial company.
Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments and tens of thousands of application developers globally.
Bentley's iTwin Platform powers digital twin solutions that are used by engineering and construction firms and owner-operators to design, build, and operate the world's infrastructure.
The combined capabilities of the two organizations enable infrastructure professionals to make better decisions in a 3D geospatial context, offering new growth opportunities and greater value for a thriving developer ecosystem.
The Dechert team advising Bentley Systems was led by corporate partner Eric Siegel and included corporate associates Marie Mast, Grace Canfield, Bryan Wilson and Christopher Rodrigues; tax partner Kevin Zaragoza and associate Abigail Hopper; intellectual property partner Thomas Rayski; and employee benefits partner David Jones and associates Michael Binko and Taylor Knowles.
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital - from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.