Fenwick & West represented Maluuba, Inc., an artificial intelligence and deep learning startup that creates literate machines, in its acquisition by Microsoft Corporation (NASDAQ: MSFT). Financial terms of the transactions were not disclosed.
The acquisition with Microsoft will help Maluuba deliver their work to the billions of consumer and enterprise users that can benefit from the advent of truly intelligent machines. More information about Maluuba’s acquisition by Microsoft can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers Kris Withrow, Ryan Sluanker and Shen Zhang; executive compensation and employee benefits lawyers Gerald Audant and Kristin O’Hanlon; technology transactions lawyers Ralph Pais, Joseph Schenck and Ari Fink; litigation lawyer Bryan Kohm; and tax lawyers Will Skinner and Ora Grinberg.