An Alston & Bird team recently represented public company Costar Technologies, Inc. (OTC Markets Group: CSTI), in its acquisition of assets of the Cohu Electronics division of Cohu, Inc. (NASDAQ: COHU).
Costar, headquartered in Coppell, Texas, develops, designs and distributes a range of security solution products, including surveillance cameras, lenses, digital video recorders and high-speed domes. Costar also develops, designs and distributes industrial vision products to observe repetitive production and assembly lines, thereby increasing efficiency by detecting faults in the production process.
Alston & Bird also represented Costar in connection with a new credit facility to finance the acquisition. The Alston & Bird finance team was led by finance partner Ginger Burton and included Jeff Hannah.
For more information about the transaction, read the press release issued by Costar.