Shearman & Sterling is representing Vector Capital in its definitive merger agreement to acquire RAE Systems. The deal is subject to customary closing conditions, including the approval of RAE's stockholders.

Vector Capital is a leading global private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. RAE Systems is a leading global provider of rapidly deployable connected, intelligent gas detection systems that enable real-time safety and security threat detection.

The Shearman & Sterling team was led by San Francisco M&A partner Steve Camahort and included partners Larry Crouch (Menlo Park-Tax), Stephen Hibbard (San Francisco-Litigation), Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits), and Patrick Robbins (San Francisco-Litigation); counsel Dana Kromm (San Francisco-Mergers & Acquisitions) and Robert LaRussa (Washington, DC-Litigation); and associates Jordan Altman (New York-Intellectual Property Transactions), Joseph Berkowitz (San Francisco-Mergers & Acquisitions), Nathan Mee (San Francisco-Mergers & Acquisitions), Yongqing Huang (Beijing-Mergers & Acquisitions), Anil Kalia (Menlo Park-Tax), Daniel Stellenberg (Menlo Park-Executive Compensation & Employee Benefits), Zheng Bao (Menlo Park-Intellectual Property Transactions), Timothy Franklin (New York-Intellectual Property Transactions) and Mikael Abye (San Francisco-Litigation).