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An orphaned client of Brobeck, Phleger & Harrison yielded an initial public offering for Pillsbury Winthrop. The firm represented Synnex Corp. in its $51.8 million IPO, which closed Dec. 1. The company sold roughly 3.6 million shares of Synnex common stock at $14.50 a share, while a group of selling stockholders unloaded an additional 1.8 million shares. Fremont-based Synnex is a technology distribution company. Unlike most tech IPOs, which are listed on the NASDAQ, Synnex will be traded on the New York Stock Exchange. It marked the first time Jorge del Calvo, a partner in Pillsbury’s Palo Alto office, has taken a tech company public on the NYSE. It was also the most significant matter Pillsbury has worked on for Synnex since picking up the company as a client following Brobeck’s collapse earlier this year. Del Calvo credited his relationship with Synnex’s chief financial officer, who had worked with him while at another company, for netting a new client. Pillsbury partner Davina Kaile led the deal team, with assistance from partners Del Calvo and Allison Leopold Tilley and associates Blair Walters, Rebecca Peters and Diana Tu. Skadden, Arps, Slate, Meagher & Flom’s Palo Alto office represented a group of underwriters that included Bear, Stearns & Co, Banc of America Securities and Raymond James & Associates. Partner Gregory Smith led the Skadden team, and was assisted by associates Rama Padmanabhan and Allen Seto. VERISITY/AXIS Latham & Watkins ushered client Verisity Ltd. to an $80 million acquisition of Axis Systems Inc. earlier this month. The deal, joining Mountain View’s Verisity and the privately held, Sunnyvale-based Axis, was announced Nov. 11 and is expected to close early next year. Both companies make software used to test whether products designed electronically will work according to customer specifications. Leading Latham’s team for Verisity were partners Alan Mendelson and Anthony Klein. Associates Keith Abrams, Nicholas O’Keefe and Anthony Wang rounded out the corporate team. Employee benefits partner Joseph Yaffe lent his expertise alongside two tax specialists, partner David Boatwright and associate Adam O’Farrell. Wilson Sonsini Goodrich & Rosati represented Axis with partners Jeffrey Saper and Steve Camahort in the lead of the deal team. Tax partner David Gerson weighed in as did Roger Stern, an employee benefits partner.

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