Fenwick & West LLP represented its client Cisco Systems, Inc. in its acquisition of SyPixx Networks, Inc. SyPixx is a developer of networked video surveillance software and hardware that enable analog video surveillance systems to operate as part of an open IP network. Cisco will pay approximately $51 million in cash and options for SyPixx in the transaction, which is subject to customary closing conditions. SyPixx is privately-held and headquartered in Waterbury, Connecticut. This is the 29th acquisition in which Fenwick & West has represented Cisco Systems.
More information about the transaction can be obtained from the Cisco Web site.
The Fenwick & West transaction team included Partners Doug Cogen, David Hayes, Scott Spector, Lisa Kenkel, Charlene Morrow and Michael Farn, Of Counsel Craig Menden, Associates Greg Sato, Blake Martell, Gerald Audant, Jae Won Song, Liza Morgan, Ilana Rubel, Chad Woodford, Jennifer Small, Guy Ladetzky, Ben Longoria, Darren Hutchins, Timothy Fitzgibbon and Jacob McQuown.
About Fenwick & West
Fenwick & West provides comprehensive legal services to high technology and life sciences clients of national and international prominence. The firm was ranked by MergerMarket as the #1 U.S. Legal Advisor for Technology Industry M&A in 2004.