Army working on construction projects in the Pacific followed. Military Academy at West Point – “I wanted to serve the country and have adventure,” he said – where he received his bachelor’s degree in mechanical engineering.įive years in the U.S. One distant relative from long ago, he points out, was a lawyer and orator and a bit of a wordsmith. The Webster family tree, he says, consists of farmers and autoworkers from Michigan. Webster’s mother ran a family craft business. “In reality, he is a packaging engineer who designs and sells medical packages made from high-tech paper and plastic materials.” “My father humbly claims that he is a toilet paper salesman,” Webster told The Texas Lawbook in an interview in 2020. Webster spent several years growing up in Ireland and traveled throughout Europe with his family. Between the time zone differences and the sporadic shutdowns due to the Covid-19 pandemic in Israel and various portions of the U.S., Noah and Baker Botts were able to pull a critical acquisition together under unprecedented circumstances.” “Noah navigated this complex transaction in a new territory for Zix, and added to that a new credit line to finance the transaction. “The deal included a new credit facility and various disclosure and governance issues,” Everett said. “In a challenging year for everyone, Noah reached out to collaborate with Baker Botts on a cross-border acquisition in Israel,” Baker Botts partner Grant Everett wrote in nominating Webster for the award. The ACC DFW and The Lawbook will recognize the finalists and announce the winners at an awards ceremony this evening, June 3, at the George W. 9 that it had acquired CloudAlly for a reported $30 million.Ĭiting the extraordinary transcontinental corporate transactional work required between Zix and Baker Botts, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook have named Webster and Baker Botts as finalists for the 2020 DFW Outstanding Corporate Counsel Award for Creative Partnership. Thanks to an extraordinary partnership with lead outside counsel Baker Botts and some creative problem-solving by Webster and Baker Botts lawyers, Zix announced Nov. “We have an acquisition playbook, but the CloudAlly deal forced us to almost throw it out and patiently work this deal,” he said. “With cloud backup and recovery that protects customers against ransomware and other attacks, the CloudAlly solution bolsters our existing email security portfolio. It also expands our non-email cloud offerings by covering platforms like Salesforce.”īut right away, there were obstacles – not the least of which was that the coronavirus prevented any travel to meet with the other side and thus no personal relationship and trust-building occurred between two parties in cities 6,743 miles apart. “We recognized CloudAlly as a great fit immediately when we heard about it,” Webster said. Last July, Zix, a publicly traded company with $218 million in 2020 revenue and a market cap of $400 million, discovered the perfect acquisition opportunity – an Israeli-owned company called CloudAlly that focuses on cloud-based data backup and recovery for businesses. “Over the past few years, we’ve expanded our product suite to include encryption, data loss prevention, advanced threat protection and unified archiving,” Webster said. “We are constantly on the lookout for new solutions to grow and increase value to customers.” “We decided that the most resilient businesses continue to grow and continue to build to grow, even under difficult or unusual situations,” said Noah Webster chief legal and chief compliance officer at Zix, a global cloud-based cybersecurity and productivity solutions company. While most companies battened down the hatches in 2020 in order to weather the Covid-19 pandemic, Dallas-based Zix Corporation went searching for opportunities.
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