Gigamon to Be Acquired by Elliott Management for $1.6 Billion

On October 26, 2017, Gigamon, an industry leader in traffic visibility solutions, and Elliott Management, a leading multi-strategy private investment firm, announced that they have entered into a definitive agreement under which Elliott will acquire Gigamon for $38.50 per share in cash. Upon completion of the transaction, which has a total value of approximately $1.6 billion, Gigamon will become a privately held company. Elliott's investment is being led by its private equity affiliate, Evergreen Coast Capital. Wilson Sonsini Goodrich & Rosati is representing Gigamon in the transaction.

The transaction has been unanimously approved by Gigamon's board of directors and is expected to close in the first quarter of 2018, subject to stockholder and regulatory approvals and other customary closing conditions.

The WSGR team representing Gigamon in the transaction includes:

M&A:
Michael Ringler, Partner
Derek Liu, Associate
Jennifer Sayles Okorn, Associate
Patrick Sandor, Associate
Harry Khanna, Associate

Corporate:
Jeffrey Saper, Partner
Robert Day, Partner
Jordan Coleman, Associate

Intellectual Property:
James Clessuras, Partner
John McGaraghan, Associate

Antitrust:
Jamillia Ferris, Partner
Roisin Comerford, Associate

Employee Benefits and Compensation:
David Thomas, Partner
Brandon Gantus, Associate

Tax:
Eileen Marshall, Partner
Devin Heckman, Associate

Regulatory and Compliance:
Beth George, Of Counsel
Melissa Mannino, Of Counsel

Corporate Finance:
John Mao, Partner
Jill Fulwiler, Associate

Real Estate:
James McCann, Partner
Martin Sul, Counsel

Employment Law:
Rebecca Stuart, Of Counsel

For more information, please see the companies' joint press release.