LAWFUEL – The Legal Newswire – January 16, 2008 (Mountain View and San Francisco, CA) – Fenwick & West LLP represented MySQL AB in its recently announced acquisition by Sun Microsystems, Inc. (NASDAQ: JAVA). Sun will pay approximately $800 million in cash in exchange for all MySQL stock and assume approximately $200 million in options, for a total transaction value of $1 billion. The transaction is expected to close at the end of the third quarter or early fourth quarter of Sun’s fiscal 2008. The completion of the transaction is subject to regulatory approval and other customary closing conditions. MySQL, headquartered in the U.S. and Sweden, is a developer of one of the world’s fastest growing open source databases.
More information about the transaction can be obtained from the Sun Microsystems Web site.
The Fenwick & West transaction team included corporate attorneys Richard Dickson, Gordy Davidson, Kris Withrow, Kristin O’Hanlon, Matthew Forkner, Lily Toy, Aviva Aminova, Hank Dempsey, Dawn Belt, Edgar Tirado, Ben Richter and Gaurav Mathur; technology transactions attorneys Mark Ostrau, Stephen Gillespie, Darren Hutchins, Pierre Keeley, Christa Gaines, Robert Dowers, Genelle Ng and Seth Popik; trademark attorney Hoang-chi Truong; employee benefits attorneys Scott Spector and John Ludlum; employment practices attorney Daniel McCoy; and tax attorneys Ron Schrotenboer and Timothy Fitzgibbon.
About Fenwick & West
Fenwick & West provides comprehensive legal services to 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. and by Corporate Board Member as one of the top 5 corporate law firms in northern California for publicly traded companies.