Fenwick & West represented Cisco Systems, Inc. (NASDAQ: CSCO), in the pending sale of its Service Provider Video Software Solutions (SPVSS) business to an entity backed by Permira, the global private equity firm. The transaction is expected to close in the first quarter of Cisco’s fiscal year 2019, following the satisfaction of customary closing conditions and regulatory review. More information is available through the announcement on Cisco’s website.
The Fenwick transaction team included corporate lawyers Doug Cogen, Lynda Twomey, Chris Gorman, Kate Withers, Elena Moreno Cloutier and Christina Zhao; executive compensation and employee benefits lawyers Gerald Audant and Nicholas Frey; technology transactions lawyers Stephen Gillespie, Jonathan Millard, Christopher Joslyn, Joseph Schenck, Julia Arruda and Vanessa Katz; and tax lawyers Andrew Kim and Ora Grinberg.