Fenwick & West Represents Application Networks in Acquisition by London-based Reuters

June 11, 2006

Fenwick & West LLP represented Application Networks, a risk management software firm, in its recently announced acquisition by London-based Reuters Group Plc (OTC: RTRSF.PK). Reuters paid $41 million in cash for Application Networks.

More information about the transaction can be obtained from the Reuters Web site.

The Fenwick & West transaction team included corporate attorneys Mark Stevens, Craig Menden, William Herochik, Guy Ladetzky, Matthew Rossiter; executive compensation and employee benefits attorney Blake Martell; technology transactions attorneys Ralph Pais, Christopher Joslyn; and tax attorney Adam Halpern.

About Fenwick & West

Fenwick & West provides comprehensive legal services to high technology and life sciences clients of national and international prominence. The firm is ranked by MergerMarket as one of the top 5 technology M&A practices in the U.S., with #1 rankings in multiple quarters.