Phoenix Systems receives strategic investment from SWITCH

Niederer Kraft Frey acted as legal counsel to Phoenix Systems AG on a transaction leading to a strategic investment from SWITCH.

Phoenix Systems provides reliable data security solutions through its hyper-secure cloud infrastructure. As a full service provider, Phoenix Systems offers all services from onboarding to customizing and monitoring from a single source.

Working on behalf of the education, research and innovation community, SWITCH is committed to the digital future of Switzerland. With its expertise in this field, the foundation promotes cybersecurity, digital identities and the use of research data. SWITCH stands for a secure, stable Swiss internet.

The NKF team was led by Corporate/M&A partner Moritz Maurer, working with associate Benedikt Hadorn (M&A/Corporate) as well as partner Clara-Ann Gordon and counsel Janine Reudt-Demont (both Technology), senior associate Derya Özdogan (Tax) and associate Daniela Lötscher (Employment).