Fenwick is representing Armorblox, a cybersecurity firm specializing in the use of Large Language Models (LLMs) and natural language understanding, in its pending acquisition by Cisco Systems, Inc. (NASDAQ: CSCO), a worldwide leader in technology.
The Armorblox team will be incorporated into Cisco’s Security Business Group, working closely to integrate Generative AI-powered experiences into the company’s security offerings. The acquisition is expected to close by the end of Cisco’s fourth quarter of fiscal year 2023. Financial terms of the transaction were not disclosed. More information can be obtained from Cisco’s blog post.
The Fenwick transaction team included corporate partner Kris Withrow and associates Jeff Zhang, Zoe Zhang, Jing Xu and Ankeet Ball; technology transactions partner Ralph Pais and associates Adine Mitrani, Andrew Martinez, Ellis Liang, Brandon Cheung and Alberto Tohme; executive compensation and employee benefits partner Nancy Chen and associates Jonathan Stephenson and Michael Murrietta; privacy and cybersecurity partner Michael Sussmann and associate Mudasar Khan; and tax partner Julia Ushakova-Stein and associate Jenna Grove.