Fenwick & West represented ParkMe, Inc., the world’s most comprehensive parking database, in its acquisition by INRIX, Inc., a leading provider of real-time traffic information and connected driving services worldwide. Financial terms of the transaction were not disclosed.
The acquisition will help INRIX deliver a comprehensive set of parking services, including finding, comparing, reserving, and paying for parking from a smartphone or vehicle. More information about ParkMe’s acquisition by INRIX can be obtained from the company press release.
The Fenwick transaction team included corporate attorneys Bill Bromfield, Mark Stevens, Faisal Rashid, Christine Chen and Tim Lee; executive compensation and employee benefits attorneys Shawn Lampron, Grace Chen and Marshall Mort; technology transactions attorney Spencer Glende; patent attorney Michael Sacksteder and tax attorney Will Skinner.