Fenwick & West represented Infoblox Inc. (NYSE: BLOX), the network control company, in its acquisition of IID Security, Inc., a leader in global cyber threat intelligence. Infoblox paid $45 million in cash, subject to customary adjustments, to the former IID stockholders as consideration for the transaction.
The acquisition of IID makes Infoblox the first enterprise-grade DDI vendor that combines contextual network data with federated threat intelligence and a dedicated threat research team, to provide context-aware security using infrastructure that customers already have in place. More information about Infoblox’s acquisition of IID can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers David Michaels, Kee Kim, Chris Gorman and Ari Haber; executive compensation and employee benefits lawyers Scott Spector, Mona Clee, Christine Chen and Patrick Grilli; technology transactions lawyers Stephen Gillespie, Christopher Joslyn, Michael Riskin; Joseph Schenck and Meng Wu and tax lawyer Will Skinner.