November 01, 2021
Within (along with Supernatural) have announced that they have entered into an agreement to join Meta. Supernatural will continue to be operated independently as part of Reality Labs, and will continue to create fitness, wellness, and social experiences in VR, helping people achieve their goals in the most joyful and connected way possible. This transaction will be subject to customary closing conditions and regulatory approval. Financial terms of the deal were not disclosed.
Latham & Watkins LLP represents Meta in the transaction with a corporate team led by Bay Area partners Greg Roussel and Saad Khanani, with Orange County associates Madison Mapes, Paul Jeffrey, Jack Vanderford, and Trevor Yedoni. Advice was also provided on intellectual property matters by Los Angeles/Century City partner Ghaith Mahmood, with Los Angeles associates Natasha Phillips, Nicole Nour, Nick Goshgarian, Heather Lui, and Veronica Ye; on data privacy matters by Bay Area partner Melanie Blunschi, Bay Area counsel Robert Blamires and London partner Gail Crawford, with Bay Area associate Jennifer Howes, London associates Alice Brunning, Calum Docherty, and Lucy Tucker and Boston associates Deborah Hinck and Kiara Vaughn; on tax matters by Bay Area partner Grace Lee, with Bay Area associate Gregory Conyers; on benefits and compensation matters by Century City partner Julie Crisp and London partner Catherine Drinnan, with Los Angeles associate Vanessa King; and on entertainment, sports & media matters by Century City partner Jonathan West, with Century City associates Sam Lehman, and Adele Zhang and Los Angeles associate Jack Chai and Eric Lim.