Cisco’s $3.7 Billion acquisition of AppDynamics

Fenwick & West and Orrick have advised Cisco on the deal

Cisco will acquire AppDynamics for approximately $3.7 billion in cash and assumed equity awards. The acquisition is expected to close in Cisco’s third quarter of the fiscal year 2017, subject to customary closing conditions.

The combination of Cisco and AppDynamics will allow Cisco to provide end to end visibility and intelligence from the network through to the application, which, combined with security and scale, and will help IT to drive a new level of business results.

The Fenwick transaction team included corporate lawyers Doug Cogen (Picture), Lynda Twomey, Scott Behar, Maureen Montgomery, Taylor Cashwell, Victoria Wong, Salome Viljoen, Elena Moreno Cloutier; executive compensation and employee benefits lawyers Gerald Audant, Kristin O’Hanlon, Laura McIntyre, Elizabeth Gartland and Elizabeth Chang; technology transactions lawyers Stephen Gillespie, Chris Joslyn, Mark Jansen, Joseph Schenck, Samira Hariramasamy, Jung Yoo, Russell Wong, Ari Fink and Emily Bullis; antitrust lawyer Mark Ostrau; and tax lawyers Andrew Kim and Ora Grinberg.

Orrick serves as special tax counsel to Cisco with Eric Wall and compensation & benefits associate Justin “J.T.” Ho, with support from Juliano Banuelos, Jason Flaherty and Elizabeth Harris.

 

Involved fees earner: Douglas Cogen – Fenwick & West LLP; Lynda Twomey – Fenwick & West LLP; Scott Behar – Fenwick & West LLP; Maureen Montgomery – Fenwick & West LLP; Taylor Cashwell – Fenwick & West LLP; Victoria Wong – Fenwick & West LLP; Salome Viljoen – Fenwick & West LLP; Gerald Audant – Fenwick & West LLP; Kristin O’Hanlon – Fenwick & West LLP; Laura McIntyre – Fenwick & West LLP; Elizabeth Gartland – Fenwick & West LLP; Elizabeth Chang – Fenwick & West LLP; Stephen Gillespie – Fenwick & West LLP; Christopher Joslyn – Fenwick & West LLP; Mark Jansen – Fenwick & West LLP; Joseph Schenck – Fenwick & West LLP; Samira Hariramasamy – Fenwick & West LLP; Jung Yoo – Fenwick & West LLP; Russell Wong – Fenwick & West LLP; Ari Fink – Fenwick & West LLP; Emily Bullis – Fenwick & West LLP; Mark Ostrau – Fenwick & West LLP; Andrew Kim – Fenwick & West LLP; Ora Grinberg – Fenwick & West LLP; Eric Wall – Orrick; J. T. Ho – Orrick; Juliano Banuelos – Orrick; Jason D. Flaherty – Orrick; Elizabeth Harris – Orrick;

Law Firms: Fenwick & West LLP; Orrick;

Clients: Cisco Systems, Inc.;

 

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Author: Ambrogio Visconti