Fenwick & West represented Sony Corporation of America (SCA) in its recently announced acquisition of Optical Archive Inc., a company that specializes in optical storage systems for the data center market. The acquisition was made by SCA on behalf of Sony Corporation (NASDAQ: SNE). Financial terms of the transaction were not disclosed.
The acquisition will allow Sony to leverage and expand their existing optical disc production lines in order to accommodate the growing demand for this media. More information about Sony’s acquisition of Optical Archive can be obtained from the company press release.
The Fenwick transaction team included corporate attorneys Andrew Luh, Dawn Belt, Liz Federowicz and Willow Yang; executive compensation and employee benefits attorneys Shawn Lampron, Marshall Mort and Taylor Cashwell; technology transactions attorneys Stephen Gillespie and Chris Joslyn and tax attorneys Will Skinner and Ora Grinberg.