Fenwick & West LLP represented its client, Cisco Systems, Inc., in its acquisition of Airespace, Inc., a leading provider of wireless local area networking systems, announced yesterday. Cisco will pay approximately $450 million in stock and assumed options for Airespace, located in San Jose, California. The transaction is subject to regulatory approvals and closing conditions, and is expected to close during Cisco's third fiscal quarter, ending April 30, 2005.
The Fenwick transaction team consisted of partners Doug Cogen (Mergers & Acquisitions), Scott Spector (Compensation), Lisa Kenkel (Technology Transactions), Larry Granatelli (Patent), Walt Raineri (Tax), Mark Ostrau (Antitrust), Stephen Gillespie (Export Control and Government Contracts) and Karen Kitterman (Trademark), of counsel Craig Menden, and associates Devin Gensch, Greg Sato, Blake Martell, Andrew Kim, Chris Joslyn, Diana Lock, Rochelle Levy, Morgan Fong, Liz Gartland, Ryan Hayes, Matt Forkner, Adwait Talathi, Gerald Audant, James Lin and Jennifer Hill.
Press Inquiries should be directed to Douglas Cogen at 415.875.2409 or dcogen@fenwick.com.