Fenwick represented CareZone, which offers a way to organize health information and access vital health services, in the acquisition of its specific assets—technology platform, patents and key intellectual property—by Walmart. CareZone’s product and technology team that built their app will also be joining Walmart.
CareZone will remain a separate company unrelated to Walmart. More information can be obtained from the company’s announcement.
Fenwick has served as corporate counsel to CareZone since its inception and its launch in 2012, including over multiple rounds of financing. The Fenwick transaction team for the acquisition included corporate partners Kris Withrow and Steven Levine and associates Victoria Lupu, Jeff Zhang and Shajee Rizvi; executive compensation and employee benefits partner Nancy Chen and associate Grace Strickland; technology transactions and intellectual property partner Jonathan Millard, counsel Christopher Joslyn and Rajendra Panwar, and associates Brandon Cheung and Julia Arruda; antitrust & trade regulation counsel Ashley Walter; privacy & cybersecurity partner James Koenig and director Brent Hoard; and tax partner William Skinner and associate Timmoney Ng.