Fenwick & West acted as special U.S. acquisition counsel to RayV Technologies, Inc., a company with an exciting approach to online video streaming in the rapidly evolving mobile space, in its recently announced acquisition by Yahoo! Inc. (NASDAQ: YHOO), a U.S. based global internet communications, commerce and media company. Financial terms of the transaction were not disclosed.
The acquisition will help Yahoo! continue to focus on growing video users and monthly streams and this deal demonstrates their dedication to accelerating their video strategy and boosting their underlying technology infrastructure in the space. More information about RayV Technologies’ acquisition by Yahoo! can be obtained from the company announcement.
The Fenwick transaction team included corporate attorneys Greg Roussel, Eric Shedlosky and Yael Perl; executive compensation and employee benefits attorney Blake Martell and tax attorney Idan Netser.