Area: IP&T

Value: $US35 million

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Key players: DLA Piper partner Richard Horton, who splits his time between DLA's Sydney office and Silicon Valley, was the lead partner on this deal.

Deal significance: Telstra has invested $US35 million in US-based IPTV video company Oolaya, in a move that will see Telstra integrate Ooyala's technology into its IPTV platform. "This was a strategically clever deal for Telstra and a testament to their team both in Australia and Silicon Valley. Having experienced Silicon Valley lawyers on the ground in Australia and in California made it a perfect fit for DLA Piper."