- Category
- Announcements
- Date
- Feb. 24, 2009
- Title
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Kramer Levin Client CornerWorld Completes Acquisition of Woodland Wireless
Kramer Levin client CornerWorld Corporation on February 24 announced the completion of its approximately $12.2 million acquisition of Woodland Wireless Solutions. The acquisition represents all holdings of Woodland, including its patented shortcode roaming application, and Woodland’s affiliated companies, Visitatel, West Michigan Co-Location Services, T2 TV, T2 Communications (http://www.t2comm.net) and S Squared.
CornerWorld is a media corporation which operates several fast-growing businesses in verticals that serve brand and direct marketers, and cornerworld.com is a free business management and social networking platform. CornerWorld is leveraging its proprietary lead generation engine to deliver qualified prospective customer leads to Fortune 1000 advertisers using online channels, social networking properties, and CornerWorld-owned and partner representative content websites. Woodland is an application service provider to the cellular industry serving 50 cellular providers in North America.
The Kramer Levin team was led by Corporate partners Scott S. Rosenblum and John Bessonette, and associates Carol Archer and Madelyn Dorman, and Banking and Finance partner Kenneth Chin and associate Alyssa R. Katz. Tax advice was provided by partner Pamela M. Capps and associate Natalie L. Hennessy, and associate Soyoung Lee advised CornerWorld with respect to real estate matters.
Related People
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Scott S. Rosenblum
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- Counsel
- New York
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John Bessonette
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- Partner
- New York
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Kenneth Chin
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- Partner
- Chair, Banking and Finance
- New York
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Pamela M. Capps
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- Partner
- Chair, State and Local Tax; Co-Chair, Women's Initiative Committee
- New York
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