Palo Alto Networks Announces Agreement to Acquire Cyvera

On March 24, 2014, network security company Palo Alto Networks announced a definitive agreement to acquire privately held Israeli cybersecurity company Cyvera. Under the terms of the agreement, Palo Alto Networks will acquire all of the outstanding capital stock of Cyvera for approximately $200 million. Wilson Sonsini Goodrich & Rosati is representing Palo Alto Networks in the transaction, which is expected to close during the second half of fiscal year 2014.

The WSGR team providing representation to Palo Alto Networks in the acquisition includes the following:

Corporate/M&A:
Jeff Saper
Jon Avina
Brad Finkelstein
Adam Bloom
Juliana Chen
Amanda Urquiza
Mark Woods

Employee Benefits & Compensation:
David Thomas
Michael Klippert
Sriram Krishnamurthy

Employment Law:
Laura Merritt
Aysha Doman

Tax:
Ivan Humphreys
Andrew Bryant

Technology Transactions:
Parag Gheewala
Caitlin Courtney
Jennifer McGrew

For additional information, please see Palo Alto Networks' press release.