Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
10.29.20
Pillsbury is representing longtime client Inphi Corporation, a leader in high-speed data movement, in its announced sale to Marvell Technology Group Ltd., a leader in infrastructure semiconductor solutions, in a cash and stock transaction with an implied valuation of approximately $10 billion. The combination of the two companies will create a U.S. semiconductor company with an enterprise value of approximately $40 billion.
The transaction will combine Marvell’s storage, networking, processor and security portfolio with Inphi’s leading electro-optics interconnect platform to position the combined company for end-to-end technology leadership in data infrastructure.
Silicon Valley partner Allison Leopold Tilley led the Pillsbury team, which included Corporate partners Christina Pearson, Steve Amdur and Stan Wong, counsel Alex Tinucci and associates Charmaine Lindley and Andrew Clark; Executive Compensation & Benefits partner Cindy Schlaefer, associates Drew Simon-Rooke, Jasmine Alves and Ben Gibbs and senior law clerk Kevin Meil; Intellectual Property partner David Jakopin; Antitrust partner Michael Sibarium; International Trade partner Nancy Fischer, counsel Matt Rabinowitz and associate Zachary Rozen; Litigation attorney Evan Storm; Tax partner C. Brian Wainwright and associate Ricky Lin; and Finance partners Daniel Budofsky and Alicia McKnight.