Scribd’s Acquisition of SlideShare From LinkedIn

Wilson Sonsini Goodrich & Rosati advised LinkedIn on the deal. Fenwick represented Scribd on the deal.

LinkedIn announced that it’s selling SlideShare, the hosting service for presentations and other professional content, to Scribd. The terms of the deal were not disclosed.

In addition to SlideShare’s archival content, Scribd is acquiring its 100 million users, as well as its presentation-upload and hosting tools. According to LinkedIn, Scribd will begin operating the SlideShare business on September 24. LinkedIn acquired SlideShare in 2012 in a transaction in which Wilson Sonsini also represented LinkedIn. Since then, LinkedIn has incorporated content-sharing capabilities directly into the LinkedIn platform. Scribd has more than 100 million community-uploaded documents on its platform, while its premium subscription service offers more than one million professionally published e-books, audiobooks, podcasts, sheet music, and magazines.

The Wilson Sonsini team was led by Brad Finkelstein (Picture), Rich Mullen, Andrew Kao, Elia Perez Villamarin, Jamie Clessuras, Gary Greenstein, Matt Staples, Daniel Chen, Myra Sutanto Shen and Joe Mandry.

The Fenwick transaction team included corporate partners Mark Stevens (Picture) and Stephen Fisher, of counsel Brian Hicks and associates Zachary Portnoy and Victoria Wong; technology transactions associate Joseph Schenck; litigation partner Laurence Pulgram; and privacy & cybersecurity partner James Koenig and associate Joseph Newman.

Involved fees earner: Stephen Fisher – Fenwick & West LLP; Brian Hicks – Fenwick & West LLP; James Koenig – Fenwick & West LLP; Joseph Newman – Fenwick & West LLP; Zachary Portnoy – Fenwick & West LLP; Laurence Pulgram – Fenwick & West LLP; Joseph Schenck – Fenwick & West LLP; Mark Stevens – Fenwick & West LLP; Victoria Wong – Fenwick & West LLP; Daniel Chen – Wilson Sonsini Goodrich & Rosati; Jamie Clessuras – Wilson Sonsini Goodrich & Rosati; Bradley Finkelstein – Wilson Sonsini Goodrich & Rosati; Andrew Kao – Wilson Sonsini Goodrich & Rosati; Joe Mandry III – Wilson Sonsini Goodrich & Rosati; Rich Mullen – Wilson Sonsini Goodrich & Rosati; Matt Staples – Wilson Sonsini Goodrich & Rosati; Myra Sutanto Shen – Wilson Sonsini Goodrich & Rosati; Elia Villamarin – Wilson Sonsini Goodrich & Rosati;

Law Firms: Fenwick & West LLP; Wilson Sonsini Goodrich & Rosati;

Clients: LinkedIn Corporation; Scribd;

Author: Ambrogio Visconti