Fenwick & West LLP represented Symantec Corporation (NASDAQ: SYMC) in its acquisition of Altiris, Inc. (NASDAQ: ATRS), a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints – from mobile devices, laptops, and desktops to servers and storage assets. Altiris stockholders will receive $33 per share of Altiris common stock in cash, for a total transaction value of approximately $830 million net-of-cash-acquired.
The transaction is subject to regulatory approvals and closing conditions, including Altiris stockholder approvals, and is expected to close in the second calendar quarter of 2007.
More information about the transaction can be obtained from the Symantec Web site.
The Fenwick & West transaction team included corporate attorneys Dan Winnike, Doug Cogen, Andrew Luh, Christian Lymn, Mariana Antcheva, Nandini Acharya, Shannon O'Sullivan and Aaron Hou; compensation and benefits attorneys Scott Spector, Blake Martell, Elizabeth Gartland, William Herochik and Mona Clee; technology transactions attorneys Stephen Gillespie, Chad Woodford, Chris Joslyn, Christa Gaines, Darren Hutchins and Lance Stern; patent attorney Daniel Brownstone; trademark attorney Linda Henry; antitrust attorney Mark Ostrau; and tax attorneys Ron Schrotenboer, Adam Halpern and Larissa Neumann.
About Fenwick & West
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm is ranked by MergerMarket as one of the top 5 technology M&A practices in the U.S. and by Corporate Board Member as one of the top 5 corporate law firms in northern California for publicly traded companies.