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Sale of DemonWare to Activision

LK Shields Solicitors acted for DemonWare in the sale of the entire issued share capital of Demonware Limited (DemonWare) to Activision Publishing Inc, (Activision), a NASDAQ quoted company.

DemonWare is a leading provider of network middleware technologies for console and PC games. Under the terms of the sale to Activision, it has now become a wholly owned subsidiary of Activision and the company's management team and key employees signed long-term employment contracts with Activision. DemonWare will continue to be headquartered in Dublin, Ireland, with offices in Vancouver, B.C.

The team at LK Shields Solicitors was led by Emmet Scully, Head of our Business Department, with assistance from Deirdre Kilroy, Head of our Intellectual Property and Technology Unit, and colleagues in our Employment, Pensions and Employee Benefits Unit.

LK Shields Solicitors acted for DemonWare for many years prior to its sale, facilitating a number of successful investment rounds, and now wishes the company all the best for a successful future.

June 2007.




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