Fenwick Represents Hightail in Acquisition by OpenText

Fenwick & West represented Hightail, Inc., a leading cloud service for file sharing and creative collaboration with approximately 5.5 million customers globally, in its acquisition by OpenText Corporation (NASDAQ: OTEX)(TSX:OTEX), a global leader in Enterprise Information Management (EIM). Financial terms of the transaction were not disclosed.

The acquisition of Hightail will enable OpenText to deliver differentiated content solutions in the cloud that enables marketers and creative professionals to share, produce and securely collaborate on digital content. More information about Hightail’s acquisition by OpenText can be obtained from the company announcement.

The Fenwick transaction team included corporate lawyers Kris Withrow, Ryan Slunaker, Priscila Bastazin and Summer Yin; technology transactions lawyers Ralph Pais and Michael Riskin; executive compensation and employee benefits lawyers Blake Martell, Kristin O’Hanlon and Liza Morgan; and tax lawyers William Skinner and Sean McElroy.