Press Release April 16, 2020

BlueJeans to be Acquired by Verizon Business

The Technology team advised BlueJeans Network in connection with its pending sale to Verizon Business. The transaction will combine BlueJeans’ simple, smart and trusted meeting platform with Verizon’s unified communications as a service business immediately. BlueJeans founders and key management team will join Verizon to lead the continued growth and innovation of the business. BlueJeans employees will become Verizon employees immediately following the close of the deal which is expected in the second quarter, subject to customary closing conditions. Financial terms of the transaction were not disclosed

BlueJeans is regularly cited as one of the market-leading video conference and collaboration tools, including cloud-based meetings and large, interactive events that are simple, scalable and secure. The company’s cloud-based video service currently serves a wide variety of business segments from small organizations to some of the world’s largest multinational brands, and has played a significant part in continuing those companies’ operations during the ongoing work-from-home surge.

The Goodwin team was led by partner Alessandra Simons and Anthony McCusker, and associates Matthew McCoy, John Horton, Mark Joseph, Ben Rosales and Muskan Mumtaz.

The team also included partners Lynda GalliganKelsey LemasterKevin LamJake OsbornKoray BulutAndrea MurinoPaul JinGemma Roberts and Yash Rana, counsel Ginggi Storer, Jacqueline Klosek, Ai Tajima, Ce Li and Jessica Gill, associates Alexander Moser, Ben HorwitzHan Chang, John Lomazzi, Patty Shields, Tracy Parker, Amanda White, Sarah Tauman, Monica Patel, Andrew Hedman, Tony Guan, Renata Stephens, Leah Black, Tessa Agar, Ananth Lakshman and international legal consultant Asmita Mishra.

For additional details on the acquisition, please read the press release.