Hogan Lovells Advises Marvell Technology Group Ltd in its Pending Acquisition of Aquantia Corp.
Silicon Valley, 6 May 2019 – International law firm Hogan Lovells is advising semiconductor solutions provider Marvell Technology Group Ltd. in connection with its agreement to acquire Aquantia Corp. (NYSE: AQ), a leader in multi-gig Ethernet connectivity.
Under the terms of the agreement, Marvell will acquire all outstanding shares of Aquantia common stock in exchange for $13.25 per share in cash.
The transaction is expected to close by the end of 2019, subject to regulatory approval as well as other customary closing conditions. More information about the transaction can be found here.
The Hogan Lovells team was led by Northern California-based M&A partners Richard Climan and Christopher Moore. IP partner John Brockland, Employee Benefits and Executive Compensation practice partner Mike Frank, Regulatory partner Brian Curran, Corporate senior associates Kathryn Raffensperger and Laura Szarmach, IP associate Max Scott, and Regulatory associate Zach Alvarez also provided key support.
Hogan Lovells also advised Marvell Technology Group in its acquisition of publicly traded chipmaker Cavium, Inc., in a transaction valued at approximately US$6 billion, which closed in 2018.
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