Fenwick & West represented Livescribe, Inc., the global leader in the design and manufacturing of smartpens, in acquisition by Anoto Group AB, a global leader in digital writing and drawing solutions. Livescribe will be fully integrated with Anoto as a wholly-owned subsidiary. Financial terms of the transaction were not disclosed.
The acquisition will help Livescribe innovate faster, address new market opportunities beyond note-taking and the consumer segment, and continue to design, develop, and distribute next generation smartpen products.
The Fenwick transaction team included corporate attorneys Mark Stevens, Michael Patrick, Mark Porter, David Huang and Shen Zhang; executive compensation and employee benefits attorneys Shawn Lampron, Mona Clee and Marshall Mort; technology transactions attorney Michael Riskin and tax attorneys Adam Halpern and Will Skinner.