CMS Portugal advises Open Cosmos on Connected acquisition

CMS Portugal has advised the British company Open Cosmos on the acquisition of Connected, a Portuguese startup specializing in data transmission solutions from space. Connected will now become a business unit dedicated to IoT connectivity at Open Cosmos, and its 22 employees will join the 18-person team that the British company already employs in Portugal. The British company develops, builds, and operates complete satellite missions.

On this deal, CMS Portugal relied on a team led by corporate M&A partner João Caldeira, which also included senior associate André Guimarães and associate Ana Rita Santos.

On the picture, from left to right, André Guimarães, João Caldeira and Ana Rita Santos.

Glória Paiva

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