Fenwick & West represented oDesk Corporation, one of the leading online workplaces that enable the world’s best talent and the world’s best businesses to work together, regardless of where they happen to be, in its merger with Elance, Inc., one of the leading marketplaces for online work. The merged company will continue to serve customers on two, separate, complementary platforms at odesk.com and elance.com, respectively, but will combine their development efforts in data science, trust and safety, mobile technology, education and other systems. Financial terms of the transaction were not disclosed.
The Fenwick transaction team included corporate attorneys Samuel Angus, David Bell, Gordon Davidson, Jacob McQuown, Jay Wedge, Nam Kim and Jordan Roberts; technology transactions attorneys Christopher Joslyn and Ranjit Narayanan; antitrust attorney Mark Ostrau; and executive compensation and employee benefits attorneys Shawn Lampron, Grace Chen and Kristin O’Hanlon.