Orrick Team Advises Apigee In $625 Million Acquisition By Google

September.09.2016

An Orrick antitrust team advised cloud computing company Apigee in its $625 million acquisition by Google. In a deal announced this week, Google will pay $17.40 per share in cash to acquire Apigee, subject to Apigee shareholder approval and applicable regulatory approvals.

Google praised the addition of Apigee’s API solutions to Google cloud. In a statement, Chet Kapoor, Apigee CEO, said: “We look forward to being able to accelerate our mission to connect the world through APIs as part of the Google team.”

Led by partner Jim Tierney, the Orrick team advising Apigee included partner Alex Okuliar and of counsel Patricia Zeigler from our Washington, D.C. office, partner Douglas Lahnborg in London and partner Till Steinvorth in Düsseldorf.