In connection with M&A Advisor’s 2018 International M&A Awards, Pillsbury has been recognized with the Cross-Border Deal of the Year (over $1 billion) award for its work advising motion sensor producer InvenSense in its $1.3 billion acquisition by Tokyo-based TDK Corp. The transaction is the only winning deal in its category.

To determine the winning deals for the International M&A Awards, an independent judging panel of industry experts evaluated nominations representing more than 250 individual companies from across the world—a wide and varied group with deals valued from $10 million to tens of billions. The awards will be presented at a black-tie gala on June 18th at the Princeton Club in New York in conjunction with the 2018 Global Corporate Growth Summit.

TDK’s purchase of InvenSense has given TDK more expertise in sensors, allowing it to expand its product line and technologies. InvenSense’s motion sensors are used in smartphones, drones, cameras, gaming devices and wearables.

Silicon Valley Corporate partner Allison Leopold Tilley led the Pillsbury team that advised InvenSense in the transaction. Also on the team were partners Jorge del Calvo, Gabriella Lombardi, Howard Clemons and Nancy Fischer; counsel Christina Pearson and Didi Chow; senior associate Matt Desharnais; associates Gabrielle Grinberg, Justin Krawitz and Matt Rabinowitz; and attorney Paul Thomas.