Fenwick & West represented Nvelo, Inc., a Santa Clara-based pioneer of storage software, in its acquisition by Samsung Electronics Co. Ltd., a world leader in advanced semiconductor solutions. The integration of NVELO's flagship storage technology into Samsung's SSD technologies will give Samsung customers access to an ever-evolving and more diversified portfolio of NAND storage solutions suitable for a broad range of computing platforms. Financial terms of the transaction were not disclosed.
The Fenwick transaction team included corporate attorneys Bill Schreiber, Edgar Tirado, Ryan Slunaker and Patrick Grilli, technology transaction attorney Chris Joslyn, executive compensation and employment benefits attorneys Blake Martell, Gerald Audant and Sofia Chesnokova, and tax attorneys Ron Schrotenboer and Amanda Athanasiou.
More information is available through the announcement on Samsung’s website.