Davis Polk – Rally Software Follow-On Offering

Davis Polk advised the underwriters in connection with a $132.2 million offering of common stock of Rally Software Development Corp. at $24.75 per share, consisting of 250,000 shares of common stock offered by the company and 5,089,455 shares of common stock offered by the selling stockholders (including 729,058 shares in respect of the exercise in full of the underwriters’ option to purchase additional shares). The offering resulted in gross proceeds of $6.2 million to the company and $126.0 million to the selling stockholders. Deutsche Bank Securities Inc. and Piper Jaffray & Co. acted as lead book-running managers and Needham & Company, LLC, JMP Securities LLC, William Blair & Company, L.L.C. and Wunderlich Securities, Inc. acted as co-managers. Rally Software’s common stock is traded on the New York Stock Exchange under the symbol “RALY.”

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Paul Hastings Advises YFind Technologies Private Limited in Sale to Ruckus Wireless, Inc.

Paul Hastings, a leading global law firm, announced today that the firm represented Singapore-based YFind Technologies Private Limited in its sale to Ruckus Wireless, Inc. Yfind is a pioneer in indoor positioning and real-time location analytics and the inventor of the YFind Positioning System™ (YPS™). Ruckus intends to use the acquisition to enable new location-based services by combining its unique, Smart Wi-Fi technology with YFind’s range of location based services and analytical capabilities, transforming Ruckus Smart Wi-Fi networks into location-intelligent infrastructures.

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Davis Polk Advises Oracle Corporation on Its $3 Billion Notes Offering

Davis Polk advised Oracle Corporation on its SEC-registered debt offering of $500 million aggregate principal amount of floating-rate notes due 2019, $1.5 billion aggregate principal amount of 2.375% notes due 2019 and $1 billion aggregate principal amount of 3.625% notes due 2023. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC and HSBC Securities (USA) Inc. were the lead joint book-running managers.

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Cooley Represents IDEV Technologies in Its Acquisition by Abbott Labs

Cooley LLP announced today that it represented IDEV Technologies in its $310 million acquisition by Abbott Laboratories. IDEV is a privately-held company focused on developing next-generation medical devices for use by interventional radiologists, vascular surgeons and cardiologists. Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of healthcare. The transaction is expected to close by the end of 2013.

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Perkins Coie Pumps Up Palo Alto IP Practice

Perkins Coie is pleased to announce that Michael A. Glenn has joined the firm’s Palo Alto office as a partner in the firm’s Intellectual Property practice. He was most recently a patent attorney at Glenn Patent Group (GPG), a Silicon Valley-based patent prosecution boutique he founded in 1992. Prior to GPG, Glenn held various senior in-house positions at Intel Corporation, National Semiconductor, and Digital Equipment Corporation.

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Goodwin Procter Expands Securities Litigation & White Collar Defense Group with Addition of Grant Fondo in Silicon Valley

Goodwin Procter, a national Am Law 50 firm, announced today that Grant P. Fondo has joined the firm’s Silicon Valley office as a partner in its Securities Litigation & White Collar Defense Group. Fondo comes to Goodwin from the U.S. Attorney’s Office for the Northern District of California, where he served as an Assistant U.S. Attorney in its Criminal Division for nearly five years. He will focus on representing technology, life sciences and venture capital clients in a wide range of litigation and investigative matters.

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Tags:  Goodwin Procter LLP | Silicon Valley