Fenwick & West represented BitTorrent Inc., a leading Internet technology company that designs distributed technologies that scale efficiently, in its acquisition by the TRON Foundation, a global company dedicated to establish the world’s largest decentralized ecosystem, for $140 million.
BitTorrent will continue operating from TRON’s new San Francisco location and support the company’s global business development and partnership initiatives. More information about BitTorrent’s acquisition by TRON can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Bill Bromfield, Kee Kim, Brady Douglas and Daniel Renz; technology transactions lawyer Christopher Joslyn; antitrust lawyers Mark Ostrau and Ashely Walter; executive compensation and employee benefits lawyers Marshall Mort and Hans Andersson, litigation lawyer Catherine Kevane; and tax lawyers Will Skinner and Ora Grinberg.