Shearman And Sterling

News February 10, 2015

Shearman & Sterling Advises Vector Capital on Acquisition of Saba

Shearman & Sterling is advising Vector Capital on its proposed acquisition of Saba, a global leader in cloud-based intelligent talent management solutions, pursuant to which an affiliate of Vector will acquire all of the outstanding shares of Saba common stock for $9.00 per share. The transaction is subject to customary closing conditions and the approval of Saba shareholders and is expected to close in the coming months.

Saba delivers a cloud-based Intelligent Talent Management solution used by leading organizations worldwide to hire, develop, engage and inspire their people.

Vector Capital is a leading global private equity firm specializing in transformational investments in established technology businesses. Vector identifies and pursues these investments in both the private and public markets.

The Team