Fenwick & West represented Hewlett Packard Enterprise (NYSE: HPE), a global technology leader focused on the development of intelligent solutions, in its acquisition of Asimmetric Inc (dba Cape Networks), a privately-held SaaS and hardware company helping customers monitor and improve their networks. Financial terms of the transaction were not disclosed.
Cape Networks will become part of Aruba, a Hewlett Packard Enterprise company, and will expand Aruba’s Artificial Intelligence (AI) powered networking capabilities with a senor-based service assurance solution that gives customers a simple, proactive and network-agnostic tool for measuring and monitoring SaaS, application and network services. More information about HPE’s acquisition of Cape Networks can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Dave Healy, Steve Fisher, Matthew McCabe and Michelle Fang; technology transactions lawyers Stuart Meyer, Ana Razmazma and Joseph Schenck; trademark lawyer Connie Ellerbach; executive compensation and employee benefits lawyers Marshall Mort, Sarah Ghulamhussain and Ariel Gaknoki; and tax lawyer Michael Knobler.