Fenwick Represents Visual Electric in Acquisition by Perplexity

Fenwick represented Visual Electric, a developer of an image generator designed to create realistic photos using artificial intelligence, in its acquisition by Perplexity, a developer of AI-powered information discovery tools designed for answering questions and exploring topics.

Visual Electric’s team will be forming a new Agent Experiences group at Perplexity. More information can be obtained from Visual Electric’s announcement.

The Fenwick transaction team included corporate partners Dawn Belt, Bomi Lee and Victoria Lupu and associates Sam Millang, Christina Scully, Seena Razavi and Ankeet Ball; technology transactions partner Joseph Schenck and associate Alberto Tohme; executive compensation and employee benefits partner Gerald Audant and associate Cynthia Yuan; and tax partner William Skinner.