Freshfields represents HPE in acquisition of Silver Peak for $925 millionFreshfields Bruckhaus Deringer ("Freshfields") is advising Hewlett Packard Enterprise ("HPE") on its purchase of Silver Peak, the leading software-defined wide area networks company, for $925 million. The transaction is expected to close in the fourth quarter of HPE’s fiscal year 2020, subject to regulatory approvals and other customary closing conditions.
John Fisher, Head of Tech & Life Sciences M&A and one of seven founding partners of the Freshfields Silicon Valley office, observed, “We’re seeing ambitious tech transactions from our clients notwithstanding the challenges of the pandemic. It’s an honor for the firm to be able to represent an iconic Valley company such as HPE.”
For more about the transaction, read the official press release here.
The Freshfields team was led by corporate/M&A partner Ethan Klingsberg, counsel Zheng (Jonathan) Zhou, associates Brianna Cummings and summer associate Yinran Pan; employee benefits partner Lori Goodman and associate Jordan Salzman; tech/IP transactions partner Menachem Kaplan and associate Marissa Yu; data privacy/security special counsel Peter Jaffe and summer associate Isaac Ellman; antitrust partner Thomas Ensign, counsel Jennifer Mellott, and senior associate Laura Collins; and tax partner Claude Stansbury and counsel Reed Carey.
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