Karanovic & Partners advised Nutanix, Inc., a leader in enterprise cloud computing from the U.S., on its USD 165 million acquisition of Mainframe2, Inc., also known as Frame, a Serbian-American start-up and a leader in cloud-based Windows desktop and application delivery. This landmark acquisition – the biggest and most valuable start-up transaction to involve Serbia, was closed on 24 August 2018.
With Wilson Sonsini Goodrich & Rosati – a leading U.S. law firm and renowned legal advisor to technology, life sciences, and growth enterprises worldwide, acting as lead counsel, Karanovic & Partners advised the buyer, Nutanix, in this transaction.
The Karanovic & Partners legal team, led by Senior Partner Miloš Vučković and Partner ⃰ Goran Radošević, with the assistance of the firm’s Employment and Tax teams – headed by Milena Jakšić Papac and Branimir Rajšić, respectively, advised on all Serbian law aspects of the transaction.
The U.S. based Nutanix is a global leader in cloud software and hyperconverged infrastructure solutions, making infrastructure invisible, so that the IT can focus on applications and services that power their business.
Frame was founded as a cloud workstation platform, providing desktop applications as a service. It was founded in 2012 in the US, by the Serbian IT entrepreneur, Nikola Božinović, and has a subsidiary in Serbia with offices in both Niš and Belgrade.