Deals -

ERM advises Founders of Fireglass on $250 million sale to Symantec

ERM has advised the Founders of Fireglass, a software company that has developed a system for isolating surfing within organisations on its acquisition by the US based and Nasdaq traded cyber security company Symantec for around $250 million.

The acquisition is significant as Symantec, one of the most prominent players in the field of information security, has almost no presence in Israel and it will lead to establishment of a development centre for the multinational as well enabling the company to broaden its security platform.

Natalie Noy, head of our high-tech and start-ups practice, led the team on the transaction which included Maya Schneider who leads our employment team.

For media coverage of the acquisition in English, please click here and for Hebrew, please click here.

High-tech and start-ups and employment practices

Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups practice regularly provides legal advice to leading Israeli and international clients from pre-incorporation through to exit, as well as on the most complex transactions carried out in Israel and abroad.

ERM’s employment team has extensive experience advising international and Israeli corporations on a wide range of Israeli employment law and employment-related matters including incentive plans, severance and pension arrangements, prevention of sexual harassment, collective and union relations and employment aspects of M&A.

For more information on the acquisition or our high-tech and start-ups or employment practices, please contact Natalie Noy, Maya Schneider or another member of our team.

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