Fenwick & West represented Cloudera, Inc. (NYSE: CLDR), a leading platform provider for machine learning and advanced analytics built on the latest open source technologies, in its acquisition of Fast Forward Labs (FFL), a leading machine learning and applied AI research company that is considered one of the very best applied research companies working in the fields of data science and machine learning. Financial terms of the transaction were not disclosed.
With the merger, Cloudera will deepen its expertise to advance artificial intelligence and machine learning in the enterprise with the launching of Cloudera Fast Forward Labs. More information about Cloudera’s acquisition of Fast Forward Labs can be obtained from the company announcement.
The Fenwick transaction team was led by corporate lawyers Dave Bell, Matthew Karwoski and Kyle Canchola; executive compensation and employee benefits lawyer Kristin O’Hanlon; technology transactions lawyers Jonathan Millard and Michael Riskin; and tax lawyers Larissa Neumann and Ora Grinberg.