O’Melveny & Myers LLP represented Rizvi Traverse Management as the lead investor in a US$50 million Series C financing round for Flipboard Inc., an innovative technology company and creator of the world’s first social magazine. Goldman Sachs, Insight Venture Partners, Index Ventures, and Kleiner Perkins Caufield and Byers also participated (more…)
Perkins Coie is pleased to announce that Adrian M. Fenty has joined the firm’s Business Development department, where he will focus on expanding the firm’s Emerging Company & Venture Capital practice and supporting various firm and client strategic initiatives. Most recently Special Counsel at Klores Perry Mitchell P.C., Fenty rose to national prominence when he served as Mayor of Washington, D.C. from 2007 – 2011 (more…)
International law firm Weil, Gotshal & Manges is representing Applied Materials Inc., a Santa Clara, California-based leader in semiconductor equipment manufacturing, in its merger with Japan-based Tokyo Electron Ltd., to create a new company with a combined market capitalization of approximately $29 billion (2.8 trillion yen) (more…)
Davis Polk advised J.P. Morgan Securities LLC as representative of the several underwriters in connection with an offering of 5,175,000 shares of ordinary shares of Stratasys Ltd., including 675,000 shares from the exercise of the underwriters’ over-allotment option. The gross proceeds from the offering were $481 million (more…)
Information technology equipment distributor Synnex Corp. has acquired IBM’s customer-care outsourcing business for $505 million. The unit will be integrated with Synnex’s Concentrix subsidiary, which provides customer care services for clients in more than 12 industries. As part of the deal, IBM will enter into a multi-year agreement with Synnex and Concentrix will become an IBM partner for business process outsourcing customer care services (more…)
Davis Polk advised Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as representatives of the initial purchasers in connection with an unregistered Rule 144A offering by Clean Energy Fuels Corp. of $220 million aggregate principal amount of its 5.25% convertible senior notes due 2018 (more…)
Cooley LLP announced today that it is advised the underwriters on LinkedIn Corp.’s follow-on offering of 5.55 million shares of Class A common stock worth approximately $1.25 billion (more…)
Shearman & Sterling is advising Western Digital Corp. in the acquisition by its subsidiary, HGST, of Virident Systems, Inc. in a transaction valued at $685 million. Closing of the acquisition, which is subject to customary conditions, is expected to occur in the fourth calendar quarter of 2013 (more…)
The Firm represented Airvana Network Solutions Inc. (ANS) in its sale to Ericsson Inc. (Ericsson), a U.S. subsidiary of Ericsson A.B., a Swedish multinational technology company. Terms of the transaction were not disclosed (more…)
IP litigator Michael F. Heafey has joined King & Spalding’s Silicon Valley office as a partner in the firm’s intellectual property practice. A patent lawyer with almost 25 years of patent and trade secret experience, Heafey comes to the firm from Orrick’s Menlo Park office (more…)
Squire Sanders is pleased to announce the addition of leading labor and employment partner Gary M. Gansle to the firm’s Palo Alto office from Dorsey & Whitney. Mr. Gansle will lead the firm’s Northern California Labor & Employment Practice Group, and is joined by of counsel Karen E. Wentzel and associate Nisha Patel (more…)
The Firm represented Platinum Equity in raising its target of $3.75 billion for Platinum Equity Capital Partners Fund III, L.P. and its related entities. Platinum Equity specializes in the merger, acquisition and operation of companies involved in information technology, telecommunications, logistics, metals services, manufacturing and distribution. The Firm also represented Platinum Equity in connection with its two prior funds (more…)
