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Sullivan's Hi-Tech Group is an inter-disciplinary team of lawyers with experience in the legal and business issues important to technology companies and their investors.

Young businesswoman looking at smartphone in spaceship like corridor

The Hi-Tech Group typically represents public and private, domestic and international companies, private equity investors, and financial institutions and entrepreneurs. By efficiently drawing on our collective areas of experience, we represent our clients in all aspects of their business, including: equity and debt financing, public offerings, strategic alliances and joint ventures, patent, licensing, trademark and other intellectual property matters, commercial and intellectual property litigation, mergers and acquisitions, securities compliance and corporate governance, tax, government financing and contracting, legislative and federal affairs, real estate and environmental and employment and labor.

Our capabilities and experience cover the spectrum of our clients' needs, helping them to manage their day-to-day business and to structure their organization for optimum efficiency. In addition, we have helped clients raise and invest billions of dollars and annually deal with M&A transactions valued in the billions.

Representative Client Work

Mergers & Acquisitions

  • Represented Nano Dimension Ltd. (Nasdaq: NNDM), a provider of intelligent machines for the fabrication of additively manufactured electronics, in its acquisition of DeepCube, a developer and provider of a software-based deep learning acceleration platform, for a purchase price of approximately $70.0 million
  • Represented Masy Systems Inc., a solutions provider for the life industry, including specialization in cGMP biopharma storage, in its acquisition by Alcami Corporation, a pharmaceutical and biotech contract development and manufacturing organizationRepresented Integration Partners Corporation, an information technology services engineering firm, in its acquisition by ConvergeOne, a services-led cloud solution provider
  • Represented DarioHealth (Nasdaq: DRIO), a pioneer in the global digital therapeutics market, in its $30 million acquisition of digital behaviorial health platform PsyInnovations
  • Represented Clear Genetics, a software company focused on integrating genetics into routine patient care, in connection with its $50 million acquisition by Invitae Corporation (NYSE: NVTA)
  • Represented Nano Dimension (Nasdaq: NNDM), an industrial 3D printer, in its $70 million acquisition of DeepCube Ltd. and its over $54 million acquisition of NanoFabrica Ltd.

Capital Markets

  • Represented an asset management fund in an investment in secured convertible notes in a Nasdaq-listed renewable energy company
  • Issuer's counsel for DarioHealth Corp. in its $40 million registered direct offering of common stock and warrants
  • Issuer's counsel for Nextage Therapeutics Ltd. in its NIS 4 million public offering of ordinary shares and tradeable warrants
  • Issuer's counsel for NLS Pharmaceutics Ltd. in its $3.9 million "At-the-Market" facility
  • Placement agent’s counsel for A.G.P./Alliance Global Partners in Celsion Corporation's $7 million registered direct offering of common stock
  • Placement agent's counsel for A.G.P./Alliance Global Partners in Kintara Therapeutics, Inc.'s $8.6 registered direct offering of common stock and warrants

Emerging Companies & Venture Capital

  • Represented Impact Analytics, an artificial intelligence company, in its $11 million growth financing led by Argentum Capital Partners IV, L.P.
  • Represented KUDO, the cloud-based video conferencing platform with real-time multilingual interpretation in 100+ languages and 147 sign languages, on its $21 million Series A Preferred Stock financing
  • Represented Somatix, a digital health company focused on remote patient monitoring, in connection with its Series A financing, convertible notes offering and day-to-day matters
  • Represented Rescue Hearing, a gene therapy company, in connection with its license to Myrtelle Inc. to develop a novel gene therapy for hearing loss
  • Represented a private equity fund in its $140 million acquisition of a public software company
  • Represented an emerging fitness technology company in its $20 million Series A financing and round of venture debt financing
  • Represented an energy company in a $350 million investment to facilitate solar and battery storage projects
  • Represented a European private investment fund as lead in a $17.3 million Series C financing round for U.S.-based medical device company
  • Represented Middle Eastern sovereign wealth fund as lead in a $25 million Series B financing venture round for a U.S.-based cleantech company

Fintech & Blockchain

  • Advising one of the world’s largest digital asset exchanges on development and expansion of services provided
  • Advising a top rated global crypto exchange in respect of its listed digital assets and new product and service offerings
  • Provided regulatory and compliance, international structuring, tax, securities and employment law advice to some of the world’s largest metaverses and crypto lending platforms
  • Structured numerous token and digital asset offerings in various industries, including but not limited to real estate, next-generation technologies, sports, media and entertainment, gaming and finance, and have counseled clients on various complex cross-border considerations including tax, employment, corporate, intellectual property, securities laws and other regulatory compliance matters

Litigation

  • Represented major biotech and medical device companies in several proceedings before the Trademark Trial and Appeal Board
  • Served as a testifying expert on patent law issues and as a person of skill in the art in an arbitration involving polymer chemistry
  • Resolved a dispute involving ownership issues related to patent applications for CRISPR technology
  • Represented patent applicant in interference directed to methods of obtaining biologically active molecules known as aptamers
  • Represented patentee in infringement action involving veterinary pharmaceuticals (settled favorably prior to trial)
  • Represented patent applicant in multiple interferences directed to decomposing perfluorinated compounds (obtained favorable final order)
  • Represented patent holder in infringement case involving microscope systems
  • Represented a leader in the field of non-fusion spinal implant technology in a trademark infringement case
  • Represented a major manufacturer of spectroscopy-detection equipment in a patent infringement action in the U.S. District Court for the Eastern District of Tennessee. Successfully negotiated a $10 million settlement

Intellectual Property

  • Counseled and analyzed patents relating to electronic medical devices
  • Investigated and analyzed patents relating to pharmaceuticals and related formulations (handled a variety of clearance and other matters for pharmaceutical and biotech companies)
  • Represented companies in the biotechnology, pharmaceutical and medical device industries with a particular focus on structuring and negotiating complex licensing agreements including, but not limited to, joint venture agreements, clinical trial agreements, contract manufacturing agreements and strategic alliances
  • Represented an Israeli company developing a blood test to diagnose early-stage lung cancer in connection with the negotiation and drafting of a joint research and development agreement focused on the development and commercialization of protein biomarker-based diagnostics
  • Represented a company dedicated to the design, development, manufacturing and marketing of products for the treatment of spinal disorders in negotiating an exclusive worldwide license with the Cleveland Clinic for an innovative robotic-assisted, percutaneous, interbody spinal fusion technology

Sullivan & Worcester Recognized as a 'Firm to Watch' in the 2025 Legal 500 EMEA Guide
Tel Aviv, Israel – Sullivan & Worcester has announced that the firm has received recognition in The Legal 500 Europe, Middle East and Africa (EMEA) 2025 Guide. The firm's Tel Aviv office was recognized as a "Firm to Watch" in the capital markets and hi-tech and start-ups categories. Our lawyers have represented numerous companies in their initial public offerings (including back door IPOs through merger into a public shell) into the Tel Aviv Stock Exchange (TASE), follow on offerings, private placements and tender offers. Sullivan represents multiple clients listed on the Tel Aviv Stock Exchange in the following industries: fintech, life sciences, e-commerce, food, technology, medical device, robotics, cannabis and renewable energy companies. The Legal 500 rankings are based on comprehensive feedback from 300,000 clients throughout the world, as well as input from law firms, private practice lawyers and a team of legal researchers. The EMEA guide provides researched coverage of over 80 countries and over 2,700 ranked law firms. About Sullivan Sullivan & Worcester (Sullivan) is a global, mid-sized law firm with lawyers in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, real estate companies, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes, the impeccable judgment of its lawyers, and its commitment to best‑in‑class client service.
Meta Hit With Class Action for Allegedly Using Pirated Books to Train AI Models
Michael Palmisciano was quoted in the article "Meta Hit With Class Action for Allegedly Using Pirated Books to Train AI Models," published by Law.com [sub. req.d] on October 2, 2024. The article discusses the class action lawsuit that Meta Platforms Inc. faces for allegedly using copyrighted books without consent to train its AI models, specifically the LLaMA series. The complaint, filed by author Christopher Farnsworth, claims Meta downloaded nearly 200,000 copyrighted works from a pirated collection, highlighting ongoing legal challenges Big Tech faces regarding copyright infringement and the use of large datasets in AI training. "I think the fair-use argument that's being made in the defense is hard to square with decades of case law on copyright fair use," said Michael. "That being said, I would assume at some point we will get a … Supreme Court ruling on what constitutes fair use in the AI context and whether this type of large dataset ingestion is transformative in a way that protects the providers."

Hi-Tech

Novomatic, an International Gambling Company Acquires San Francisco-based Present Creative

Sullivan represented Novomatic digital division Greentube in its acquisition of San Francisco-based Present Creative. Novomatic, an international gambling company, has announced its intention to expand into the U.S., and Sullivan serves as M&A deal counsel. Greentube’s acquisition of Present Creative, Greentube’s first US acquisition, was completed in November 2022. The acquisition will see Greentube further expand its presence in the U.S., where it has made significant inroads over the last 12 months, with the supplier bolstering its local product offering.

Benjamin J. Armour and Johanna Colpritt

Casino Roulette with Ball on Number 23

Artificial Intelligence Company Advised in Growth Financing

Sullivan represented Impact Analytics Inc. in its $5.5 million growth financing round led by Argentum Capital Partners. The company unites artificial intelligence with human validation that brings machine learning to the forefront of data-driven business decisions.

Lewis N. Segall and Johanna Colpritt

Young businesswoman looking at smartphone in spaceship like corridor

Neural Input Technology Company, Wearable Devices Ltd. IPO

Sullivan represented Wearable Devices Ltd., a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements for B2B and B2C customers, in its $16 million initial public offering. Wearable Devices is based in Israel and aims to create a world in which the user’s hand becomes a universal input device for touchlessly interacting with technology, and that their technology is setting the standard input interface for the Metaverse.

Howard E. Berkenblit, Oded Har-Even, Tamilla Nurizada and Ilana Neck Levin

Environmental Technology Company Acquires a Leading Industrial Air Filtration Company

The environmental technology company, Nederman Holding AB, represented by Sullivan, recently acquired a leading industrial air filtration company RoboVent, significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment. Sullivan has provided acquisition advice to Nederman since 2017. Sullivan’s Environment & Natural Resources group handled preparation of environmental provisions of the purchase agreement and disclosure schedules and advised as to regulatory compliance at the target company.

Michael J. Student, Avinash R. Rao, Amy E. Sheridan, Erika L. Todd, Douglas S. Stransky and Ida J. Vanto

Hi-Tech