May 17, 2006 (Mountain View and San Francisco, CA) – Fenwick & West LLP represented VeriSign, Inc. (NASDAQ: VRSN) in its acquisition of GeoTrust, Inc., a supplier of SSL and other solutions to secure e-business transactions. VeriSign will pay approximately $125 million in cash for GeoTrust. The acquisition is subject to regulatory approvals and other conditions and is expected to close in the second half of this year.
More information about the transaction can be obtained from the VeriSign Web site.
The Fenwick & West transaction team included corporate attorneys Jeffrey Vetter, Gregory Roussel, Garth Bossow; executive compensation and employee benefits attorney Blake Martell; technology transactions attorney Lisa Kenkel; patent attorney Michael Farn; and tax attorneys Ronald Schrotenboer and Timothy Fitzgibbon.
About Fenwick & West
Fenwick & West provides comprehensive legal services to high technology and life sciences clients of national and international prominence. The firm is ranked by MergerMarket as one of the top 5 technology M&A practices in the U.S., with #1 rankings in multiple quarters.