Latham & Watkins Advises Area 1 Security in its US$162 Million Acquisition by Cloudflare

A multidisciplinary team advises the company whose cloud-native platform stops phishing attacks.

February 24, 2022

Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, has announced that it has agreed to acquire Area 1 Security for US$162 million.

Latham & Watkins LLP represents Area 1 Security in the transaction with an M&A deal team led by Bay Area partner Ben Potter and Boston partner Dan Hoffman, with Boston associates Stephen Levy and Michael Casagrande and Bay Area associate Donna Kim. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with Bay Area associates Alex Farris and Jake Meninga; on benefits and compensation matters by Bay Area partner Jay Metz; on data & technology transactions matters by Boston partner Sarah Gagan, with Washington, D.C. associate Sanjana Parikh; on antitrust matters by Bay Area partner Joshua Holian; and on capital markets matters by Boston associate Jennifer Yoon.

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