Fenwick Represents Gigya in Acquisition by SAP

Fenwick & West represented Gigya Inc., a market leader in customer identity and access management, in its pending acquisition by SAP (NYSE:SAP). The transaction is expected to close in the final quarter of 2017, subject to regulatory approval. Financial terms of the transaction were not disclosed.

Gigya, an SAP Hybris partner since 2013, has customers already using a solution extension from SAP Hybris and Gigya. This acquisition will enable the teams to further build upon this existing strong relationship. SAP Hybris intends to become the first organization to offer a cloud-based data platform enabling companies to profile and convert new customers, gather accurate conclusions and collect data for enhanced consumer choices. More information about Gigya’s acquisition by SAP can be obtained from the company announcement.

The Fenwick transaction team was led by corporate lawyers Cindy Hess, Ethan Skerry, Brian Kelly, Ari Haber and Elena Moreno Cloutier; executive compensation and employee benefits lawyers Blake Martell, Patrick Grilli and Alex Wood; technology transactions lawyers Stephen Gillespie, Ana Razmazma, Ari Fink, Russell Wong and Julia Chung; antitrust lawyers Mark Ostrau and Ashley Walter; and tax lawyers Larissa Neumann and David de Ruig.