IFLR1000

Microchip Technology $10.15 billion acquisition of Microsemi

1/3/2018
Private acquisition
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$ 8.35 billion

Announced

1/3/2018

Overview:

  • Semiconductor solutions company Microchip Technology has acquired fellow semiconductor company Microsemi in an $8.35 billion deal. 
  • Microsemi serves military and aerospace clients. 
  • Backdrop for the deal is the recent bid by Broadcom for semiconductor company Qualcomm. 
  • JP Morgan acted as financial adviser for Microchip and Qatalyst Partners advised Microsemi. 
  • The transaction is expected to close in the second quarter of 2018. 

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sectors:

Industrials and manufacturing
Technology and telecommunications

Firms:
O'Melveny & Myers

Party: Microsemi (Target)

Lawyers: Mark Easton, Warren Lazarow

Wilson Sonsini Goodrich & Rosati

Party: Microchip Technology (Acquirer)

Lawyers: Kathleen Rothman, Robert Ishii, Robert Suffoletta

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