Fenwick & West represented Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking, in its acquisition of Leaba Semiconductor Ltd., a venture-backed fabless semiconductor company based in Israel. Under the terms of the agreement, Cisco will pay $320 million in cash and assumed equity awards, plus additional retention based incentives. More information is available through the announcement on Cisco’s website.
The Fenwick transaction team included corporate lawyers Doug Cogen, Ken Myers, Stephen Fisher and Elizabeth Chang; executive compensation and employee benefits lawyer Gerald Audant; intellectual property lawyers Laurence Pulgram, Stephen Gillespie, Michael Farn, Chris Joslyn and Diana Lock; antitrust lawyer Mark Ostrau; and tax lawyers Andrew Kim and Ora Grinberg.