The Technology team advised Topaz Labs in its entry into a definitive agreement to be acquired by Adobe (Nasdaq: ADBE), a global technology leader in creativity, productivity, and customer experiences. Topaz Labs, an AI company specializing in industry-leading video and image enhancement models, will be integrated across Adobe's creative AI portfolio, giving creatives the ability to enhance footage, restore and remaster archival content, and blend AI-generated and traditionally captured content into seamless final productions. Following the closing of the transaction, which is subject to required regulatory approvals and other customary closing conditions, Topaz Labs' products will remain available as standalone offerings through the company's website, and CEO Eric Yang will continue to lead the Topaz Labs team.
Topaz Labs is a leader in AI-powered image and video enhancement. Its technology is used by millions of customers, including 20 of the world's 50 largest companies. Known for industry-leading products like Topaz Photo, Topaz Video, Topaz Gigapixel, Astra, and Bloom, the company invests heavily in research and development, advancing the future of image and video quality.
The Goodwin team was led by Michael Russell and Matthew Baudler and included Peter Moorman, Ryan Reshke, Emma Jones, Ben Lidsky (M&A), Kevin V. Lam, JB Schiller, Patrick Park, Chalaun Lomax, Ashley Shultz, Lilla Lavanakul, and Justin Vo Duffy (IPTS); Daniel Karelitz, Dulcie Daly, and Benjamin Gossels (Tax); Cisco Palao-Ricketts, Brad Stewart, and Dasol Lee (Employee Compensation and Benefits); Nina Ngo and Jennifer Wilson (Labor and Employment); Omer Tene, Peter Marta, and Jacob Lee (Data, Privacy & Cybersecurity); Andrew Lacy, Sarah Jordan, Brady P. P. Cummins, Simone Waterbury, Athena Kontosakou, Arom Yun, and Samuel Honnywill (Antitrust); and Justin Pierce, Sofia Anna Polishchuk, and Holly Leonard-Morgan (Global Trade), with invaluable assistance from Ai Tajima, Scott Zilora, Allison Goldsher, Joe LaFauci, and Karen Martinez.
For more information, please read the press release.