Fenwick & West represented Norwest Venture Partners when The Active Network, Inc. (NYSE: ACTV), the leading provider of organization-based cloud computing applications and a Norwest investment, acquired StarCite, a leader in global corporate strategic meetings management. With more than 47,000 global business customers and 70 million annual transactions reported last year, StarCite gives Active Network access to an international marketplace of top hotels, destinations and venue suppliers. Financial terms of the transaction were not disclosed.
The Fenwick transaction team was led by corporate attorney Mark Leahy.
More information about the transaction is available through the announcement on Active Network’s website.