Fenwick represented Optimyze, a continuous profiling platform for infrastructure, applications and services, in its acquisition by Elastic (NYSE: ESTC), a search company that makes data usable in real time.
Optimyze provides a simpler way to get insights into the entire IT ecosystem and eliminate blind spots with Prodfiler. The acquisition will accelerate Elastic’s vision for unified, actionable observability and enhance the ability for customers to detect and find root cause faster in complex distributed environments. More information can be obtained from Bloomberg's announcement.
The Fenwick transaction team included corporate partners Michael Brown and Scott Behar and associates Ari Haber, Melody Khorsandi, Sawyer Li, Peter Li and Anja Kong; executive compensation and employee benefits partner Nancy Chen and associate Cynthia Yuan; technology transactions partner Joseph Schenck and associate Lise Berichel; privacy and cybersecurity director Brent Hoard; and tax partner Julia Ushakova-Stein and associate Ariel Love.