In the News June 4, 2014

Alston & Bird Represents Costar Technologies, Inc., in Acquisition of Cohu Electronics Division from Cohu, Inc.

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.

The Alston & Bird M&A team included Kyle Healy, Charlie Yates, Drew Allen, Clark Calhoun, Brett Coburn, Blake MacKay, Bruce Sarkisian, Steven Sitzes, David Teske and Jeff Upshaw.

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.

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