Zoom Video Communications’ Acquisition of Solvvy

Latham & Watkins represented Solvvy in the transaction while Cooley advised Zoom Video Communications.

Zoom Video Communications, Inc. (NASDAQ: ZM) has entered into a definitive agreement to acquire Solvvy, a leading conversational AI and automation platform for customer support. Together, Zoom and Solvvy will offer elevated customer service experiences to a global enterprise base and work quickly to capitalize on new opportunities in contact center and customer support.

Founded in 2011, Zoom is publicly traded (NASDAQ: ZM) and headquartered in San Jose, California. Zoom provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Powered by advanced AI and Natural Language Processing (NLP), Solvvy resolves issues with speed and scale for over 500 Million users of the world’s top brands including HelloFresh, Vimeo, Under Armour, Twilio, Calm, Stash, and Ring.

Latham & Watkins LLP represented Solvvy in the transaction with a deal team led by Bay Area partner Ben Potter (Picture), with Bay Area associates Chris Cruickshank, Justin Tzeng and Century City associate Simon Moshkovich. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Gregory Conyers; on benefits and compensation matters by Bay Area partner Ashley Wagner, with associate Niveda Anandan; on antitrust matters by New York partner Katherine Rocco and Washington, D.C. counsel Patrick English; and on intellectual property and data privacy matters by Bay Area partner Michelle Gross and Houston counsel Robert Brown, with Bay Area associate Tyler Israel.

Lawyers Jamie Leigh, Anne Lieberman, Jon Avina and Sangitha Palaniappa led the Cooley team advising Zoom. Additional assistance was provided by Ross Eberly, Jonathan Rivinus, TJ Graham, Barbara Mirza, Howard Morse, Megan Browdie, Kevin Rivers, David Dalton, Dan Herrmann, Kris Kleiner, Liza Cotter, Shlomo Fischer, David Zhou, Michelle Zhou, Joshua Elefant, Nicollette Moser and Norita Mengu.

Involved fees earner: Jon Avina – Cooley LLP; Megan Browdie – Cooley LLP; Liza Cotter – Cooley LLP; David Dalton – Cooley LLP; Ross Eberly – Cooley LLP; Joshua Elefant – Cooley LLP; Shlomo Fischer – Cooley LLP; TJ Graham – Cooley LLP; Daniel Herrmann – Cooley LLP; Kristopher Kleiner – Cooley LLP; Jamie Leigh – Cooley LLP; Anne Lieberman – Cooley LLP; Norita Mengu – Cooley LLP; Barbara Mirza – Cooley LLP; Howard Morse – Cooley LLP; Nicollette Moser – Cooley LLP; Sangitha Palaniappa – Cooley LLP; Kevin Rivers – Cooley LLP; Jonathan Rivinus – Cooley LLP; Michelle Zhou – Cooley LLP; David Zhou – Cooley LLP; Niveda Anandan – Latham & Watkins; Robert Brown II – Latham & Watkins; Gregory Conyers – Latham & Watkins; Christopher Cruickshank – Latham & Watkins; Patrick English – Latham & Watkins; Tyler Israel – Latham & Watkins; Katharine Moir – Latham & Watkins; Simon Moshkovich – Latham & Watkins; Michelle Gross – Latham & Watkins; Benjamin Potter – Latham & Watkins; Katherine Rocco – Latham & Watkins; Justin Tzeng – Latham & Watkins; Ashley Wagner – Latham & Watkins;

Law Firms: Cooley LLP; Latham & Watkins;

Clients: Solvvy; Zoom Video Communications;