Fenwick & West represented Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking, in its acquisition of CloudLock Inc., a privately held cloud security company based in Waltham, Massachusetts. Under the terms of the agreement, Cisco will pay $293 million in cash and assumed equity awards, plus additional retention-based incentives for CloudLock employees who join Cisco. More information is available through the announcement on Cisco's website.
The Fenwick transaction team included corporate lawyers Doug Cogen, Lynda Twomey, Victoria Lupu and Elizabeth Chang; technology transactions lawyers Stephen Gillespie, Christopher Joslyn, Jonathan Millard, Joseph Schenck, Ana Razmazma and Julia Chung; intellectual property lawyers Mark Jansen and Emily Bullis; executive compensation and employee benefits lawyers Gerald Audant, Laura McIntyre and Debbie Li; tax lawyers Andy Kim and Ariel Love.