Fenwick & West represented Etsy, Inc. (NASDAQ: ETSY), which operates marketplaces where people around the world connect, both online and offline, to make, sell and buy unique goods, in its acquisition of Blackbird Technologies, Inc., a privately held company that developed proprietary machine learning technology that delivers superior search relevance and recommendations. Financial terms of the transaction were not disclosed.
The acquisition will allow Etsy to use Blackbird’s novel technology to power a range of search capabilities to deliver a personalized shopping experience. More information about Etsy’s acquisition of Blackbird Technologies can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers David Healy and Kate Dodson; technology transactions lawyers Joseph Shenck and Samira Hariramasamy; executive compensation and employee benefits lawyer Glenn Borromeo; and tax lawyers Andrew Kim and Michael Knobler.