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For nearly six decades, Wilson Sonsini has represented the technology pioneers associated with virtually every milestone innovation.
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Featured Insights
On November 19, Wilson Sonsini Goodrich & Rosati secured another win for Mylan as the U.S. Court of Appeals for the Federal Circuit invalidated two Sanofi patents relating to Sanofi’s Lantus vial product, upholding December 2018 decisions from the Patent Trial and Appeal Board (PTAB). In a 2-1 opinion, the majority determined that the PTAB’s findings were detailed and well supported by substantial evidence. The Federal Circuit’s decision clears the legal hurdle towards marketing of Mylan’s proposed insulin glargine vial product.
On November 19, 2019, Amazon Web Services (AWS), an Amazon.com company and global leader in infrastructure cloud computing, and Salesforce, the global leader in customer relationship management, announced an expansion of their global strategic partnership. Salesforce is introducing Service Cloud Voice, a new offering that seamlessly integrates Amazon Connect, to provide contact center agents with a complete set of tools in their workspace to deliver enhanced customer service support. Wilson Sonsini Goodrich & Rosati is representing Salesforce in the transaction.
On November 21, 2019, GSX Techedu Inc. announced the pricing of its follow-on public offering of 18,000,000 American Depositary Shares (ADSs) sold by several selling shareholders at an offering price of $14.00 per ADS for a total offering size of $252 million (or approximately $289 million if the underwriters fully exercise their options to purchase additional ADSs). Wilson Sonsini Goodrich & Rosati is representing the underwriters in the offering with respect to U.S. law. Credit Suisse Securities (USA) LLC, BofA Securities, Inc., Goldman Sachs (Asia) L.L.C., and Deutsche Bank Securities are acting as underwriters in this offering.
Wilson Sonsini Goodrich & Rosati represented Automation Anywhere, a global leader in Robotic Process Automation (RPA), in the company’s $290 million Series B financing at a post money valuation of $6.8 billion, which the company announced today.
On November 11, 2019, SunPower announced plans to separate into two independent, complementary, strategically-aligned and publicly-traded companies—SunPower and Maxeon Solar Technologies. Each company will focus on distinct offerings built on extensive experience across the solar value chain. Wilson Sonsini Goodrich & Rosati is advising SunPower in the transaction.
On October 22, 2019, Sunfolding, the fastest-growing producer of innovative single-axis tracker systems, announced it had closed a $32 million Series B growth funding round.
This publication is intended to distill the most prevalent governance issues issues in one place and provide board members and management team members with a useful and practical overview of the state of the law and appropriate ways to address complex boardroom problems. This publication is designed to be valuable both to public and private companies, and various governance issues overlap across those spaces.
