Fenwick Represents Symantec in Sale of Enterprise Security Assets for $10.7 Billion to Broadcom

Fenwick & West represented Symantec Corporation (NASDAQ: SYMC), a leading cybersecurity company that helps organizations, governments and people secure their most important data, in the pending sale of its Enterprise Security assets to Broadcom Inc. (NASDAQ: AVGO), for $10.7 billion in cash. The transaction, which was approved by Symantec’s board of directors, is expected to close before the end of the calendar year pending regulatory approvals. More information about the acquisition can be obtained from Symantec’s announcement.

The Fenwick transaction team included Fenwick corporate partners Doug Cogen, Gordon Davidson, Bomi Lee and Lynda Twomey, and associates Victoria Wong, Meredith Evancie, Shajee Rizvi, Amy Zhang, Chris Gorman, Benjamin Toussant, Sean Ahn, Ammanuel Gebeyehu and Jennifer Cho; executive compensation and employee benefits partners Matthew Cantor, Scott Spector and Gerald Audant, and associates Sarah Ghulamhussain and Corinne Nhaissi; intellectual property and technology transactions partners Stephen Gillespie and Jonathan Millard, counsel Christopher Joslyn, and associates Russell Wong, Shizuka Tiernan and Randi Rader; privacy and cybersecurity director Lael Bellamy; litigation partner Laurence Pulgram; antitrust partner Mark Ostrau; and tax partner William Skinner and associate Ora Grinberg.