Media Coverage
Source: The Recorder, Daily Journal
Media Coverage
02.10.14
Microchip Technology Inc., a provider of microcontroller and analog semiconductors, has agreed to acquire Supertex Inc. for $394 million. Supertex produces high voltage analog and mixed signal semiconductors that are used by the medical, flat panel display, automotive, industrial electronics and telecommunications industries.
The Recorder noted that stocks for both companies rose following the announcement. Henry Pao, president and CEO of Supertex, commented that the combination would deepen his company's offerings in the medical, LED lighting, industrial and telecommunications markets.
Silicon Valley-based corporate and securities partner Stephen Wurzburg led the Pillsbury team advising Supertex. Other Silicon Valley-based members of the team include: corporate and securities partner Thomas Chaffin; antitrust partner Joseph Tiffany; executive compensation and benefits partner Cindy Schlaefer; tax partner Brian Wainwright; IP partner David Jaffer; environmental partner Wayne Whitlock; senior counsel Yusuf Safdari; and associates Gurpreet Bal and Khan Shing. Export control and customs partner Christopher Wall, who is based in Washington, D.C., and real estate partner Glenn Snyder, who is based in San Francisco, also assisted on the deal.