Source: Daily Journal
In the first of two M&A transactions announced in early September, Pillsbury acted as counsel to Cyphort Inc. in an acquisition deal with Juniper Networks Inc. Cyphort, a developer of cybersecurity software and appliance-based solutions for protecting businesses, is expected to merge with the company’s Sky Advanced Threat Prevention division in order to increase performance and efficiency and provide new functionality. The financial terms of this deal were not disclosed.
The team representing Cyphort includes Corporate partners Allison Leopold Tilley and Christina Pearson, Executive Compensation & Benefits partner Cindy Schlaefer, Intellectual Property partner David Jakopin, Corporate associates Gabrielle Grinberg and Blair Markovic and Executive Compensation & Benefits associate Matthew Ryan.
Pillsbury also advised YuMe Inc. in a $185-million deal announced September 5. The firm counseled YuMe in its acquisition by RhythmOne PLC. Complementary to RhythmOne’s supply-side services and capabilities, YuMe will add demand-side software and services to the company’s portfolio. According to Daily Journal, RhythmOne expects to annually save between $10 million and $12 million as a result of the deal.
YuMe was advised by a team composed of Corporate partners James Masetti and James Campbell, Investment Funds partner Sam Pearse, Tax partner Brian Wainwright, Litigation partner Michael Sibarium, Securities Litigation & Enforcement partner Bruce Ericson, Litigation senior counsel Alvin Dunn , Corporate associate Julie Park and Intellectual Property attorney Paul Thomas. Pearson, Schlaefer and Ryan were also a part of the team advising YuMe.