Olshan Closes Selectica’s Acquisition of b-pack SAS

Olshan client Selectica, Inc. (NASDAQ: SLTC) announced the completion of its acquisition of b-pack SAS for approximately $12.3 million in cash and stock. b-pack, which has operations in France and the U.S., is a pioneer and global leader in Source to Pay (S2P) solutions serving industry-leading global customers such as Sony Music, McDonald's, Dannon, Renault-Nissan, Yves Saint Laurent, Gucci, Aon, BNP Paribas, and Yves Saint Laurent. Olshan attorneys who represented Selectica in structuring, negotiating and consummating this transaction included Corporate: Robert H. Friedman and Michael R. Neidell.