Data Storage and Cloud
-
Advising Cloud Computing and Storage Innovators
Just as Wilson Sonsini has been at the advent of other technology industries, we have represented the innovators in the cloud computing and data storage sector, including leading SaaS, IaaS, PaaS, DaaS and other online services providers.
Cloud computing and software as a service (SaaS) continue to advance as more businesses and consumers see the advantages of shared computing resources, centralized data storage, and on-demand access to applications. This upward trajectory is driving significant growth for a wide range of companies, from those that manufacture servers to those developing software solutions for enterprises and consumers.
Wilson Sonsini's attorneys have represented clients involved in all aspects of cloud computing, including:
- Publishers that offer SaaS solutions to consumers or businesses across a wide variety of applications
- Infrastructure as a service (IaaS), platform as a service (PaaS), and desktop as a service (DaaS) solutions providers
- Manufacturers of servers, data storage systems, and networking and communications equipment
- Cloud computing security software providers
- Cloud storage service providers
Overview
Cloud computing and software as a service (SaaS) continue to advance as more businesses and consumers see the advantages of shared computing resources, centralized data storage, and on-demand access to applications. This upward trajectory is driving significant growth for a wide range of companies, from those that manufacture servers to those developing software solutions for enterprises and consumers.
Wilson Sonsini's attorneys have represented clients involved in all aspects of cloud computing, including:
- Publishers that offer SaaS solutions to consumers or businesses across a wide variety of applications
- Infrastructure as a service (IaaS), platform as a service (PaaS), and desktop as a service (DaaS) solutions providers
- Manufacturers of servers, data storage systems, and networking and communications equipment
- Cloud computing security software providers
- Cloud storage service providers
Client Highlights
Wilson Sonsini Advises Falkonry on Acquisition by IFS
On August 23, 2023, IFS, a global cloud enterprise software company, announced it has signed a definitive agreement to acquire Falkonry, Inc., a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. Wilson Sonsini Goodrich & Rosati advised Falkonry on the transaction.
Client Highlights
Firm Advises MerQube on $22 Million Series B Financing
On June 8, 2023, MerQube, Inc., a cloud native indexing platform built for designing, calculating, and disseminating financial indices at scale, successfully closed a $22 million Series B financing. The Series B round was led by Intel Capital Corporation, with participation from existing investors J.P. Morgan, Citi, UBS, and Laurion Capital Management.
Client Highlights
Wilson Sonsini Advises Seagate on $1 Billion Senior Notes Offering
On May 24, 2023, Seagate HDD Cayman, a subsidiary of Seagate Technology Holdings plc, priced an offering of $500 million in aggregate principal amount of its 8.25 percent senior notes due 2029 and $500 million in aggregate principal amount of its 8.50 percent senior notes due 2031. The sale of the notes closed on May 30, 2023. Seagate intends to use a portion of the net proceeds from the sale of the notes to redeem in full its 4.875 percent senior notes due 2024 promptly following the offering, to repay $450.0 million in aggregate principal amount of the term loans outstanding under its credit agreement and for general corporate purposes, which may include repayment of other outstanding indebtedness, capital expenditures, and other investments in the business.
Client Highlights
Wilson Sonsini Advises Mastercard on Privacy and Cybersecurity Aspects of Acquisition of AI-Driven Cybersecurity Platform by Baffin Bay Networks
On March 20, 2023, Mastercard announced it acquired cloud-based cybersecurity company Baffin Bay Networks, which offers the latest in AI technology to automatically filter and counteract malicious internet traffic. Based in Sweden, Baffin Bay Networks will add to Mastercard’s multi-layered approach to cybersecurity while mitigating exposure to risk across the ecosystem. The acquisition further strengthens Mastercard’s broader services offerings and value beyond the payment transaction.
Client Highlights
Wilson Sonsini Advises Sumo Logic on $1.7 Billion Acquisition by Francisco Partners
On February 9, 2023, Sumo Logic, a SaaS analytics platform to enable reliable and secure cloud-native applications, announced that it has entered into a definitive agreement to be acquired by affiliates of Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, for $12.05 per share in cash. The all-cash transaction values Sumo Logic at an aggregate equity valuation of approximately $1.7 billion.
Client Highlights
Wilson Sonsini Advises Aeris Communications in Agreement to Transfer Ericsson’s IoT Accelerator and Connected Vehicle Cloud Businesses
On December 7, 2022, Ericsson and Aeris Communications, a leading provider of Internet of Things (IoT) solutions based in San Jose, California, signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses. Wilson Sonsini Goodrich & Rosati advised Aeris Communications on the transaction.
Insights
Client Highlights
Wilson Sonsini Advises Falkonry on Acquisition by IFS
On August 23, 2023, IFS, a global cloud enterprise software company, announced it has signed a definitive agreement to acquire Falkonry, Inc., a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. Wilson Sonsini Goodrich & Rosati advised Falkonry on the transaction.
Client Highlights
Firm Advises MerQube on $22 Million Series B Financing
On June 8, 2023, MerQube, Inc., a cloud native indexing platform built for designing, calculating, and disseminating financial indices at scale, successfully closed a $22 million Series B financing. The Series B round was led by Intel Capital Corporation, with participation from existing investors J.P. Morgan, Citi, UBS, and Laurion Capital Management.
Client Highlights
Wilson Sonsini Advises Seagate on $1 Billion Senior Notes Offering
On May 24, 2023, Seagate HDD Cayman, a subsidiary of Seagate Technology Holdings plc, priced an offering of $500 million in aggregate principal amount of its 8.25 percent senior notes due 2029 and $500 million in aggregate principal amount of its 8.50 percent senior notes due 2031. The sale of the notes closed on May 30, 2023. Seagate intends to use a portion of the net proceeds from the sale of the notes to redeem in full its 4.875 percent senior notes due 2024 promptly following the offering, to repay $450.0 million in aggregate principal amount of the term loans outstanding under its credit agreement and for general corporate purposes, which may include repayment of other outstanding indebtedness, capital expenditures, and other investments in the business.
Client Highlights
Wilson Sonsini Advises Mastercard on Privacy and Cybersecurity Aspects of Acquisition of AI-Driven Cybersecurity Platform by Baffin Bay Networks
On March 20, 2023, Mastercard announced it acquired cloud-based cybersecurity company Baffin Bay Networks, which offers the latest in AI technology to automatically filter and counteract malicious internet traffic. Based in Sweden, Baffin Bay Networks will add to Mastercard’s multi-layered approach to cybersecurity while mitigating exposure to risk across the ecosystem. The acquisition further strengthens Mastercard’s broader services offerings and value beyond the payment transaction.
Client Highlights
Wilson Sonsini Advises Sumo Logic on $1.7 Billion Acquisition by Francisco Partners
On February 9, 2023, Sumo Logic, a SaaS analytics platform to enable reliable and secure cloud-native applications, announced that it has entered into a definitive agreement to be acquired by affiliates of Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, for $12.05 per share in cash. The all-cash transaction values Sumo Logic at an aggregate equity valuation of approximately $1.7 billion.
Client Highlights
Wilson Sonsini Advises Aeris Communications in Agreement to Transfer Ericsson’s IoT Accelerator and Connected Vehicle Cloud Businesses
On December 7, 2022, Ericsson and Aeris Communications, a leading provider of Internet of Things (IoT) solutions based in San Jose, California, signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses. Wilson Sonsini Goodrich & Rosati advised Aeris Communications on the transaction.
Affiliated Programs
London Forum on Global Economic Sanctions
The London Forum on Global Economic Sanctions 2023 program will provide attendees with the most up-to-date developments in economic sanctions from leading financial services organizations as well as global exporters. This is a must-attend for sanctions and financial crime prevention experts.
Affiliated Programs
IAPP Europe Data Protection Congress
Europe’s top gathering of data protection professionals is returning for its 12th year in Brussels. The IAPP Europe Data Protection Congress 2023 is the place for delegates to gain insights and working knowledge that will allow you to set a course for the future of your data protection operation.
Affiliated Programs
GP Bullhound Allstars 2023
Allstars recognizes and celebrates the successes and achievements within Europe’s technology universe, drawing attention to those who are shaping the industry’s future and creating the global winners of tomorrow. Dubbed the ‘Oscars of the tech world’ Allstars has stood strong as one of Europe’s leading events for the last 20 years.
Speaking Engagements
Seedlegal’s Raise Your “A” Game
Join Seedlegal’s for a tactical and informative panel discussion on the journey of raising seed funding all the way to series A. This event, hosted with HSBC Innovation Banking and in partnership with Hiscox and Crowdcube, brings together a group of seasoned entrepreneurs, angel investors, and venture capitalists who will willingly share their personal triumphs and failures, giving you data-driven insights into the world of startup funding.
Speaking Engagements
2nd Annual Prosocial Summit
A virtual event for leaders focused on helping online communities thrive, the 2nd annual ProSocial Summit includes speaking and networking sessions - all to better inform Trust & Safety, marketing, user experience, data scientist, and engineering teams on how to create safer communities for everyone.
Events
Affiliated Programs
London Forum on Global Economic Sanctions
The London Forum on Global Economic Sanctions 2023 program will provide attendees with the most up-to-date developments in economic sanctions from leading financial services organizations as well as global exporters. This is a must-attend for sanctions and financial crime prevention experts.
Affiliated Programs
IAPP Europe Data Protection Congress
Europe’s top gathering of data protection professionals is returning for its 12th year in Brussels. The IAPP Europe Data Protection Congress 2023 is the place for delegates to gain insights and working knowledge that will allow you to set a course for the future of your data protection operation.
Affiliated Programs
GP Bullhound Allstars 2023
Allstars recognizes and celebrates the successes and achievements within Europe’s technology universe, drawing attention to those who are shaping the industry’s future and creating the global winners of tomorrow. Dubbed the ‘Oscars of the tech world’ Allstars has stood strong as one of Europe’s leading events for the last 20 years.
Speaking Engagements
Seedlegal’s Raise Your “A” Game
Join Seedlegal’s for a tactical and informative panel discussion on the journey of raising seed funding all the way to series A. This event, hosted with HSBC Innovation Banking and in partnership with Hiscox and Crowdcube, brings together a group of seasoned entrepreneurs, angel investors, and venture capitalists who will willingly share their personal triumphs and failures, giving you data-driven insights into the world of startup funding.
Speaking Engagements
2nd Annual Prosocial Summit
A virtual event for leaders focused on helping online communities thrive, the 2nd annual ProSocial Summit includes speaking and networking sessions - all to better inform Trust & Safety, marketing, user experience, data scientist, and engineering teams on how to create safer communities for everyone.
Ali R. Alemozafar
Partner
Ali counsels clients on patent strategy, prosecution, and diligence for financings, M&A, and IPOs.
Megan J. Baier
Partner
Megan represents technology and life sciences clients in corporate transactional matters.
Mark B. Baudler
Partner
Mark is a corporate law veteran, having advised start-ups and mature public companies for more than 25 years.
Steve E. Bochner
Partner
Steve has over 39 years of corporate law experience, serving as lead counsel for many of Silicon Valley's most prominent companies.
U.P. Peter Eng
Partner
Specializes in strategic patent and innovation counseling for technology start-ups.
Mark R. Fitzgerald
Partner
Mark is a veteran attorney who advises technology and life sciences companies on corporate law and transactional matters.
Kenji L. Funahashi
Partner
Ken represents technology-driven start-ups and large companies in corporate law and transactional matters.
Daniel Glazer
Partner
Daniel counsels UK and European tech and life sciences companies on U.S. expansion and fundraising.
Andrew D. Hoffman
Partner
Andrew’s practice focuses on corporate and securities work for companies at all stages of growth, as well as for financial institutions, venture capital firms, and other investors.
People
Ali R. Alemozafar
Partner
Ali counsels clients on patent strategy, prosecution, and diligence for financings, M&A, and IPOs.
Megan J. Baier
Partner
Megan represents technology and life sciences clients in corporate transactional matters.
Mark B. Baudler
Partner
Mark is a corporate law veteran, having advised start-ups and mature public companies for more than 25 years.
Steve E. Bochner
Partner
Steve has over 39 years of corporate law experience, serving as lead counsel for many of Silicon Valley's most prominent companies.
U.P. Peter Eng
Partner
Specializes in strategic patent and innovation counseling for technology start-ups.
Mark R. Fitzgerald
Partner
Mark is a veteran attorney who advises technology and life sciences companies on corporate law and transactional matters.
Kenji L. Funahashi
Partner
Ken represents technology-driven start-ups and large companies in corporate law and transactional matters.
Daniel Glazer
Partner
Daniel counsels UK and European tech and life sciences companies on U.S. expansion and fundraising.
Andrew D. Hoffman
Partner
Andrew’s practice focuses on corporate and securities work for companies at all stages of growth, as well as for financial institutions, venture capital firms, and other investors.
Recent Insights
Client Highlights
Wilson Sonsini Advises Falkonry on Acquisition by IFS
On August 23, 2023, IFS, a global cloud enterprise software company, announced it has signed a definitive agreement to acquire Falkonry, Inc., a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. Wilson Sonsini Goodrich & Rosati advised Falkonry on the transaction.
Learn More
Client Highlights
Firm Advises MerQube on $22 Million Series B Financing
On June 8, 2023, MerQube, Inc., a cloud native indexing platform built for designing, calculating, and disseminating financial indices at scale, successfully closed a $22 million Series B financing. The Series B round was led by Intel Capital Corporation, with participation from existing investors J.P. Morgan, Citi, UBS, and Laurion Capital Management.
Learn More
Recent Events
Affiliated Programs
London Forum on Global Economic Sanctions
The London Forum on Global Economic Sanctions 2023 program will provide attendees with the most up-to-date developments in economic sanctions from leading financial services organizations as well as global exporters. This is a must-attend for sanctions and financial crime prevention experts.
Learn More
Affiliated Programs
IAPP Europe Data Protection Congress
Europe’s top gathering of data protection professionals is returning for its 12th year in Brussels. The IAPP Europe Data Protection Congress 2023 is the place for delegates to gain insights and working knowledge that will allow you to set a course for the future of your data protection operation.
Learn More
Copyright © 2023 Wilson Sonsini Goodrich & Rosati. All Rights Reserved.