Fenwick & West LLP represented Savi Technology, Inc. (Infolink Systems, Inc.) in its acquisition by Lockheed Martin Corporation (NYSE: LMT). Savi is a provider of active radio frequency identification products and solutions. Financial terms of the transaction were not disclosed. The transaction was announced in May 2006 and closed on June 8, 2006. Savi will be a wholly-owned subsidiary of Lockheed Martin.
The Fenwick & West transaction team included corporate attorneys Barry Kramer, David Michaels, Michael Patrick, Brian Hicks, Jenefer Brown and Kristin O'Hanlon; executive compensation attorneys Scott Spector, Blake Martell and William Herochik; antitrust attorney Mark Ostrau; and tax attorneys David Forst and Neal Gordon.
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.