Fenwick & West

Stack Overflow Appoints Lily Toy as Chief Legal Officer

Retrieved on: 
Wednesday, February 23, 2022
Data Management, Professional Services, Legal, Technology, Software, People, Software as a service, Prosus, Compliance, Partnership, Bloomberg, Shearman & Sterling, Efficiency, Stack Overflow, Expensify, Privacy, Organization, TeleNav, K&L Gates, Adoption, Acquisition, Shearman, General counsel, Advertising, Toy, CLO, Technology, Fenwick & West, CEO, Microsoft, Dialling (telephony)

The worlds largest community of developers and leading knowledge sharing platform, Stack Overflow , today announced the addition of Lily Toy as the companys first Chief Legal Officer (CLO).

Key Points: 
  • The worlds largest community of developers and leading knowledge sharing platform, Stack Overflow , today announced the addition of Lily Toy as the companys first Chief Legal Officer (CLO).
  • Toy brings 17 years of corporate law experience to Stack Overflow, where she will play a critical role in driving strategic growth across Stack Overflow in partnership with the senior leadership team.
  • The CLO appointment comes on the heels of a milestone-packed year for Stack Overflow, including the launch of Stack Overflow for Teams Freemium , Collectives on Stack Overflow , Chief People Officer and Chief Financial Officer appointments, and Prosus N.V.s ("Prosus") acquisition of Stack Overflow for $1.8 billion.
  • Stack Overflows products include its market-leading knowledge sharing and collaboration platform, Stack Overflow for Teams, in addition to Stack Overflow Reach & Relevance, which is focused on advertising.

AviaGames Expands Leadership Team Amid Expansive Growth

Retrieved on: 
Thursday, February 17, 2022
APAC, Cadwalader, Wickersham & Taft, Adoption, CEO, Gold, Glu Mobile, San Francisco Bay Area, Facebook, PopCap Games, IP, Glu, AppLovin, Sale, Acquisition, Aeria Games, Fenwick & West, Knowledge, Growth, Industry, Online gambling, Video game, Tencent

Underscoring the growth of the Pocket7Games platform amid an explosive mobile gaming market landscape, the onboarding of Leichtner and Lu augments the team's experience and expertise, helping position AviaGames for its next phase of operational scale.

Key Points: 
  • Underscoring the growth of the Pocket7Games platform amid an explosive mobile gaming market landscape, the onboarding of Leichtner and Lu augments the team's experience and expertise, helping position AviaGames for its next phase of operational scale.
  • Lu joins AviaGames with nearly two decades of experience across business development, product strategy and merger & acquisition (M&A) efforts in the gaming industry.
  • "Mr. Leichtner and Mr. Lu bring a breadth of invaluable, specialized expertise and knowledge that is vital to the long-term success of AviaGames," said Vickie Chen, CEO and founder, AviaGames.
  • "I am honored to join the AviaGames team, working closely with Chen and Wang to build out the company's legal infrastructure and contributing to the company's next phase of growth."

UBS Agrees to Acquire Wealthfront to Deliver Digital Wealth Management Offering to Millennial and Gen Z Affluent Investors

Retrieved on: 
Wednesday, January 26, 2022
Professional Services, Technology, Mobile, Wireless, Finance, Banking, Internet, Automation, Acquisition, App store, UBS AG, UBS, Sullivan & Cromwell, Qatalyst Partners, Annual report, Life, Google Play, Generation Z, Gen, NerdWallet, App Store (iOS/iPadOS), Form 20-F, Oliver Cromwell, Ecosystem, Form, Solution, Technology, U.S. Securities and Exchange Commission, Leadership, Fenwick & West, Bank, Financial services, Investopedia, Wealthfront, UBS, Wealthfront, UBS, WEALTHFRONT

Today, UBS and Wealthfront , an industry-leading, automated wealth management provider serving the next generation of investors, signed an agreement whereby UBS would acquire Wealthfront in an all-cash transaction valued at $1.4 billion.

Key Points: 
  • Today, UBS and Wealthfront , an industry-leading, automated wealth management provider serving the next generation of investors, signed an agreement whereby UBS would acquire Wealthfront in an all-cash transaction valued at $1.4 billion.
  • Wealthfront complements our core business in the US providing wealth management to high net worth and ultra high net worth investors through trusted relationships with financial advisors, and will enhance our long-term ambition to deliver a scalable, digital-led wealth management solution to affluent investors.
  • Wealthfronts primary focus is on millennial and Gen Z investors, a client segment with significant domestic growth potential.
  • Wealthfront will become a wholly owned subsidiary of UBS and will operate as a business within UBS Global Wealth Management Americas.

Alteryx Announces Acquisition of Trifacta

Retrieved on: 
Thursday, January 6, 2022
Cloud, Microsoft, View, ARR, APA, AWS, Acquisition, Google Cloud Platform, Growth, Review, Software, NYSE, Global 2000, Compte rendu, GCP, Data science, Software as a service, Amazon Web Services, Annual report, J. P. Morgan, Data management, Risk, CEO, Automation, Goldman Sachs, Achievement, Technology, Organization, AYX, Machine learning, Solution, Multimedia, Microsoft Azure, Azure, Fenwick & West, Appetite, Video game console, Online shopping, Trifacta, Alteryx

Together, Trifacta and Alteryx expand our total addressable market with additional opportunities to target new data and cloud transformation initiatives for Global 2000 customers," said Mark Anderson, CEO of Alteryx.

Key Points: 
  • Together, Trifacta and Alteryx expand our total addressable market with additional opportunities to target new data and cloud transformation initiatives for Global 2000 customers," said Mark Anderson, CEO of Alteryx.
  • "We're incredibly excited to join forces with Alteryx to create the industry's leading independent cloud analytics provider," said Adam Wilson, CEO of Trifacta.
  • Alteryx will acquire Trifacta for $400 million in cash, subject to customary purchase price adjustments.
  • Alteryx is a registered trademark of Alteryx, Inc. All other product and brand names may be trademarks or registered trademarks of their respective owners.

Embracer Group enters into agreement to acquire Perfect World Entertainment

Retrieved on: 
Tuesday, December 21, 2021
Online, Gunfire Games, Star, EBIT, PWE, Transmission (mechanics), FX, Calendar, Leadership, Magic: Legends, Life Is Feudal: MMO, Faerûn, IP, USD, CEO, Acquisition, Gearbox Software, Magic, Perfect World, Massively multiplayer online game, Publishing, PC, MMO, Nasdaq, Fenwick & West, Partnership, Star Trek, Nidec-Shimpo America Corporation, Torchlight, Star Trek Online, Dungeon, SEK, Cryptic Studios, Perfect World (company), Dungeons & Dragons, Video game, Management, Cryptocurrency, Security (finance), Embracer Group, Cryptic

STOCKHOLM, Dec. 21, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer") has entered into an agreement to acquire 100 percent of the shares in Perfect World North America Corporation and Perfect World Publishing B.V. (collectively "Perfect World Entertainment" or "PWE") [1] , from Perfect World Europe B.V. ("Perfect World").

Key Points: 
  • STOCKHOLM, Dec. 21, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer") has entered into an agreement to acquire 100 percent of the shares in Perfect World North America Corporation and Perfect World Publishing B.V. (collectively "Perfect World Entertainment" or "PWE") [1] , from Perfect World Europe B.V. ("Perfect World").
  • [1] Acquired through Embracer and will be part of the Gearbox Entertainment operative group.
  • Upon completion of the transaction, PWE will operate within the Embracer group as a subsidiary of Gearbox Entertainment Company, with a continued focus on publishing and creating games.
  • Through the acquisition of PWE, Gearbox Entertainment will onboard PWE Publishing and Cryptic Studios, which will both remain independent within Gearbox Entertainment.

Diligent Joins Open Cap Table Coalition to Improve Transparency and Governance Standards for Startup Firms

Retrieved on: 
Tuesday, December 14, 2021
Data Management, Professional Services, Other Professional Services, Technology, Software, Organization, Orrick, Software as a service, Solution, GRC, Ecosystem, Fenwick & West, IPO, ESG, Business, Risk, OCF, COO, Compliance, Wilson Sonsini Goodrich & Rosati, Orrick, Herrington & Sutcliffe, Cryptocurrency, Carta

Diligent , the global leader in SaaS governance, risk and compliance (GRC) is pleased to announce its role as a new member of the Open Cap Table Coalition , a cross-industry group that is collaborating to improve the interoperability, transparency and portability of startup capitalization data.

Key Points: 
  • Diligent , the global leader in SaaS governance, risk and compliance (GRC) is pleased to announce its role as a new member of the Open Cap Table Coalition , a cross-industry group that is collaborating to improve the interoperability, transparency and portability of startup capitalization data.
  • The working group includes major law firms that advise emerging companies, leading software providers, venture capital firms and other critical members of the startup ecosystem.
  • "Improving the transparency of startup cap table data is beneficial both for organizations and for investors because it reduces concerns and improves governance," said Lisa Edwards, President and COO of Diligent.
  • Participation in the Open Cap Table Coalition is the latest commitment from Diligent to ensure that organizations have the tools they need to effectively scale from seed to IPO.

MassMutual Elects Michelle K. Lee to the Company’s Board of Directors

Retrieved on: 
Tuesday, November 30, 2021
Banking, Professional Services, Insurance, Finance, Foreign relations, Georgia Tech Online Master of Science in Computer Science, Patent, Government, MIT, Insurance, CEO, Fenwick, Machine, Technology, Trustee, Industry, Software as a service, Woman, United States Patent and Trademark Office, Mentorship, Google, Commerce, Solution, Massachusetts, Electrical engineering, Computer science, Fenwick & West, Housing, Communities and Local Government Committee, Stanford Law School, Policy, Machine learning, Love, Artificial intelligence, Female, Under Secretary of Commerce for Intellectual Property, MassMutual, Laboratory, Council, Computer vision, Board, Intellectual property, Amazon Web Services, Massachusetts Institute of Technology, Alarm.com, AWS, USPTO, Growth, YouTube, Management, Public relations

Massachusetts Mutual Life Insurance Company (MassMutual) today announced that technology executive Michelle K. Lee has been elected to the companys Board of Directors , effective December 1, 2021.

Key Points: 
  • Massachusetts Mutual Life Insurance Company (MassMutual) today announced that technology executive Michelle K. Lee has been elected to the companys Board of Directors , effective December 1, 2021.
  • I look forward to Ms. Lee joining our board of directors and welcome her insights and expertise, said Roger Crandall, Chairman, President and CEO, MassMutual.
  • "MassMutual has bold ambitions to digitally transform the insurance industry and leverage technology to help more Americans secure their future and protect the ones they love, said Lee.
  • MassMutual partnered with Trewstar , a woman-owned search firm that specializes in the placement of outstanding female and diverse candidates on boards, to identify Lee as a new board member.

Seattle-based SingleFile.io Adding Experience and Capital to Manage Growth

Retrieved on: 
Tuesday, August 31, 2021
Growth, Traction, Anxiety, Knowledge, Government, Piper, Wilson Sonsini Goodrich & Rosati, Marketing, Machine learning, File, Iron Mountain, Fenwick & West, Head, Compliance, Neuron, DLA Piper, DLA, Management

These resources will help manage and accelerate SingleFile's current growth in the compliance and legal industry.

Key Points: 
  • These resources will help manage and accelerate SingleFile's current growth in the compliance and legal industry.
  • Finn is a senior leader who brings 20 years' worth of experience in marketing, finance, business development and management of venture capital backed companies to his new leading role.
  • "I joined SingleFile because its innovative platform brings proven value to the larger, traditional compliance and legal industry, which is apparent in its recent customer growth," Finn said.
  • I look forward to sharing my experience and insights to assist Aaron, Sean and the team to make SingleFile successful."

Centre Consortium Introduces Team Members Who Will Continue to Drive Global Adoption of Digital Currencies and Blockchain-Based Financial Services

Retrieved on: 
Monday, August 30, 2021
Finance, Internet, Professional Services, Other Technology, Technology, USD Coin, Wardwell, Davis Polk & Wardwell, J. P. Morgan, CBDC, Standard Chartered, Growth, SGP, Adoption, Technology, Consortium, PricewaterhouseCoopers, Research, Partner, Financial management, JPMorgan Chase, MIT Sloan School of Management, Marketing, Blockchain, Robin Hood Foundation, CFO, CLS, MBA, Fenwick & West, Business operations, Trust, FX, Risk management, Compliance, CEO, Organization, SOM, USDC, Australia, Cryptocurrency, Management

He has presided over a stretch of growth that has seen USDC go from $3 billion to more than $27 billion.

Key Points: 
  • He has presided over a stretch of growth that has seen USDC go from $3 billion to more than $27 billion.
  • To build on this momentum, Centre will be onboarding not just additional staff, but will also soon be opening up membership in the Consortium to eligible organizations.
  • He then went on to lead CLS, the systemically important financial market utility, the worlds largest multi currency cash settlement system.
  • Joining from PwC Australia, John has run their global cryptocurrency business as well as Financial Markets Consulting for South East Asia.

Genome Medical Announces Acquisition of GeneMatters and Closing of $60 Million Series C Financing

Retrieved on: 
Monday, August 30, 2021
Biotechnology, Hospitals, Health, Genetics, Pharmaceutical, Industry, GV, Population, Therapy, Adoption, Technology, Patient satisfaction, Digital, Medicine, Series, Research, GV (company), Health, Hospital, Precision medicine, Fenwick & West, Genomics, Patient, Solution, Rock Health, CEO, Genetic testing, Goldman Sachs, View, Degenerative disease, Antibiotics, Genome Medical, GeneMatters, GENOME MEDICAL, GENEMATTERS

Simultaneously, the company announced the closing of a $60 million Series C financing to accelerate commercial traction and advance its mission of transforming health care for all through genomic medicine.

Key Points: 
  • Simultaneously, the company announced the closing of a $60 million Series C financing to accelerate commercial traction and advance its mission of transforming health care for all through genomic medicine.
  • The addition of GeneMatters, along with our Series C financing, propels us into the next phase of commercial growth and enables us to realize the genome-driven personalization of health, said Lisa Alderson, co-founder and CEO of Genome Medical.
  • Genome Medical will use the financing proceeds to expand its team and further enhance the development of its configurable technology solutions to provide innovative and efficient genomic medicine programs.
  • The breadth and scale of Genome Medical and GeneMatters together produce the clear leader in digital health for genomics.