Fenwick represented Twilio (NYSE:TWLO), a leading cloud communications platform, in its agreement to acquire Zipwhip, a business-texting platform, for approximately $850 million. The transaction is expected to close by the end of 2021.
With the addition of Zipwhip, Twilio will have the ability to deliver more secure, high-quality toll-free traffic at scale. More information can be obtained from Twilio’s announcement.
The Fenwick transaction team included corporate partners Ken Myers and Bomi Lee and associates Allix Hellman, Victoria Wong, Cindy Chang and Justin Kelley; technology transactions partners Jonathan Millard and Joseph Schenck, counsel Chris Joslyn, and associates Julia Arruda, Russell Wong and Brandon Cheung; executive compensation and employee benefits partners Gerald Audant and Matthew Cantor and associates Corinne Nhaissi and Jonathan Stephenson; employment practices counsel Matthew Damm; privacy and cybersecurity partners Jim Koenig and Brent Hoard and associate Ana Razmazma; intellectual property partner Stuart Meyer and associate Emily Bullis; trademark associate Priyank Patel; antitrust & trade regulation partner Mark Ostrau; and tax partner William Skinner and associate Michael Knobler.