Fenwick & West represented Symantec Corporation (NASDAQ: SYMC) in its pending acquisition of Fireglass Ltd., an Israeli-based agentless isolation solution that eliminates ransomware, malware and phishing threats in real-time by preventing potentially harmful content from ever reaching user endpoints or the corporate network. The transaction is subject to customary closing conditions, and is expected to close in the third calendar quarter of 2017. Symantec expects Fireglass’ technology to be available to its customers and partners soon after the transaction closes. Financial terms of the transaction were not disclosed.
With this acquisition, Symantec further strengthens its Integrated Cyber Defense Platform and dramatically extends its leadership in Secure Web Gateway and Email protection delivered both on premises and in the cloud. More information about Symantec’s acquisition of Fireglass can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers Doug Cogen, David Michaels, Chris Gorman, Bomi Lee and Isabel da Roza; executive compensation and employee benefits lawyers Scott Spector, Patrick Grilli, Liza Morgan, Elizabeth Chang and Alex Galev; intellectual property lawyers Stephen Gillespie, Brian Hoffman, Chris Joslyn, Ana Razmazma, Frank Yang, Jung Yoo and Stephen Bosse; antitrust lawyer Mark Ostrau; and tax lawyers Will Skinner and Ora Grinberg.