Fenwick & West is representing NortonLifeLock (NASDAQ: NLOK), a global leader in consumer cyber safety, in its agreement to sell ID Analytics, a trusted provider of credit and fraud risk solutions for enterprises, to LexisNexis® Risk Solutions, part of RELX, for a purchase price of $375 million. The transaction is subject to customary conditions and regulatory consents and is expected to close in the first calendar quarter of 2020.
The sale of ID Analytics is another step in NortonLifeLock’s transformation into a pure-play consumer cyber safety leader. More information about the acquisition can be obtained from the company’s announcement.
The Fenwick transaction team includes corporate partners Doug Cogen and Bomi Lee and associates Victoria Wong, Meredith Evancie and Shajee Rizvi; executive compensation & employee benefits partner Scott Spector and associate Nicholas Frey; technology transactions partners Stephen Gillespie and Jonathan Millard, counsel Christopher Joslyn and associate Russell Wong; antitrust & trade regulation partner Mark Ostrau; and tax partner William Skinner and associate Ora Grinberg.