October 26, 2007 (Mountain View and San Francisco, CA) – LAWFUEL – The Legal Newswire – Fenwick & West LLP represented Facebook in their expanded strategic alliance with Microsoft Corporation (NASDAQ: MSFT). Under the strategic alliance, Microsoft will take a $240 million equity stake in Facebook’s next round of financing and will be the exclusive third-party advertising platform partner for Facebook. Facebook, based in Palo Alto, CA, is a social utility that helps people communicate more efficiently with their friends, family and co-workers.
More information about the transaction can be obtained from the Facebook Web site.
The Fenwick & West deal team included attorneys Ted Wang, Coleman Cannon, Spencer Glende, Mariana Antcheva, Ben Longoria, Dawn Belt and Kamran Khan.
About Fenwick & West
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm is continually ranked by Dow Jones as one of the most active U.S. law firms in helping technology companies raise venture capital and by Private Equity Analyst as the eighth most active U.S. law firm for private equity deals in 2006.