NEWS
Paul Hastings Advises G42 on the $1.5 Billion Strategic Investment by Microsoft
April 18, 2024
Paul Hastings (Europe) LLP is advising G42, the leading UAE-based artificial intelligence (AI) technology holding company, on the $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies’ collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world.
G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
The Paul Hastings team is being led by London M&A partner David Prowse along with senior associate Matthew Calvert and associates James Waite and Macario Chung. The Paul Hastings team also includes Co-Chair of the Paul Hastings Washington D.C. Office Scott Flicker, senior associate Quinn Dang and associate Peter Kuri along with partners Jade Alexandra-Fearns, Jason Raeburn and Todd Schneider and associate Natalie Coulton. Of Counsel Marty Edelman is advising on the transaction.
More details on the transaction can be found here.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.
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