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Fenwick Represents Cisco in its Acquisition of Sourcefire for $2.7 Billion

July 23, 2013

Fenwick & West represented Cisco Systems, Inc. (NASDAQ: CSCO) in its acquisition of Sourcefire, Inc. (NASDAQ: FIRE), a leader in intelligent cybersecurity solutions. Under the terms of the acquisition agreement, Cisco will pay $76 per share in cash in exchange for each share of Sourcefire and assume outstanding equity awards for an aggregate purchase price of approximately $2.7 billion, including retention-based incentives. The acquisition is subject to various customary closing conditions and regulatory reviews and is expected to be completed in the second half of calendar year 2013. More information is available through the announcement on Cisco’s website.

The Fenwick transaction team included corporate attorneys Doug Cogen, Andrew Luh, Matthew Stewart, Amna Latif and Luis Bacalao; executive compensation and employee benefits attorneys Scott Spector, Gerald Audant, Elizabeth Gartland and Grace Chen; technology transactions attorneys Stephen Gillespie, Morgan Fong, Christopher Joslyn, Andrew Hall and Madeline Zamoyski; and tax attorney Ron Schrotenboer.