Cerha Hempel Spiegelfeld Hlawati advised TRUMPF Venture GmbH, a whollyowned subsidiary of TRUMPF GmbH + Co KG (both based in Germany), in connection with the Series A round of financing for XARION Laser Acoustics GmbH (Austria).

XARION Laser Acoustics GmbH ("XARION") was founded in 2012 as a spin-out company by the Vienna University of Technology and the Knowles Corporation and is the sole provider of optical microphones. These sensors are used for industrial process monitoring, material testing and in medical ultrasounds. In December 2016, XARION
successfully completed its Series A round of financing in which TRUMPF Venture GmbH ("TRUMPF") acquired an interest in XARION.

The TRUMPF Group is a world leader in machine tools, laser technology and electronics for industrial applications. In the 2015/16 financial year, the company – which has over 11,000 employees – generated turnover of EUR 2.81 billion.

Cerha Hempel Spiegelfeld Hlawati ("CHSH") provided legal advice to TRUMPF regarding its acquisition of a stake in XARION. Transaction support was provided by CHSH partner Dr. Albert Birkner, senior associates Dr. Sarah Wared and Dr. Alexander Babinek, and associate Maximilian Mayer (all Corporate/M&A). The advice and support provided by CHSH was closely coordinated with the in-house team at the TRUMPF Group, consisting of Florian Stübel (Legal), Franz Lehmann (Venture Capital) and Heiko Zimmermann (M&A).