Kiva Systems Agrees to be Acquired by Amazon.com for $775 million in Cash

Kiva Systems Agrees to be Acquired by Amazon.com for $775 million in Cash

Firm News

Related Solutions

A global team handling highly complex and sensitive matters in all aspects of litigation.
A deep and diverse practice focused on maximizing tax efficiencies and minimizing tax risks for clients nationally and internationally.
Handling complex antitrust and competition litigation across the US, UK and Europe, representing both plaintiffs and defendants in various high-stakes cases.
Providing comprehensive solutions for the acquisition, enforcement and protection of IP.
Battle-tested. Globally Respected.
Providing a strategic, multidisciplinary approach to help clients develop and use AI and to navigate the landscape of Big Data.

On March 19, 2012, Amazon.com, Inc. (NASDAQ: AMZN) announced that it had reached an agreement to acquire Kiva Systems, Inc., a leading innovator of material handling technology.

Under the terms of the agreement, which has been approved by Kiva's stockholders, Amazon will acquire Kiva for approximately $775 million in cash, as adjusted for the assumption of options and other items. Subject to various closing conditions, the acquisition is expected to close in the second quarter of 2012.

David Westenberg and Jason Kropp are leading the WilmerHale team representing Kiva which also includes corporate lawyers Jay Bothwick, Mia Kelley and Kate Pharr; tax lawyers Kim Wethly and Ciara Baker; Scott Kilgore on employee benefits; IP lawyer Mike Bevilacqua; Jay Holtmeier and Barry Hurewitz on regulatory matters; commercial lending lawyer George Shuster; and Jeff Ayer and Thomas Mueller with respect to antitrust.

Notice

We appreciate your interest in WilmerHale. While we are pleased to have you contact us, please keep in mind that merely contacting WilmerHale does not create an attorney-client relationship. Such a relationship will not arise until the Firm agrees in writing to represent you in connection with a particular matter. Importantly, unless and until this has occurred, you should not provide us with any confidential information, and we have no duty to keep confidential any information that we may receive from you. Thank you for your understanding.

I Accept Cancel