Hogan Lovells represents Intel in its US$900M acquisition of Moovit
Silicon Valley, 5 May 2020 – International law firm Hogan Lovells represented Intel Corporation in its acquisition of Moovit, a mobility-as-a-service (MaaS) solutions company based in Israel, for approximately US$900 million.
The addition of Moovit brings Intel’s Mobileye closer to achieving its plan to become a complete mobility provider, including robotaxi services, which is forecast to be an estimated US$160 billion opportunity by 2030, according to the company press release.
The Hogan Lovells team was led by Silicon Valley Corporate partners Jane Ross and Rick Climan with support from senior associates Dylan Hanson and Stephen Grodski, and associates Samantha Seiden and Ariel Keller. The team also included IP partner John Brockland, senior associate Max Scott, and associates Whei Hsueh and Conner Griffith. Partner Michael Frank and senior associate Laura Szarmach advised on employee benefits. Partners Scott Loughlin, T. Weymouth, and Aleksandar Dukic, senior associates Mohammad Amer and Nathan Salminen, and associate Patrick de Laperouse advised on regulatory matters. Partner Jasper Howard and senior associate Caitlin Piper advised on tax. Counsel Tao Leung and associate Ashley King worked on labor. Partners Logan Breed, Dr. Falk Schoening and associate Olga Fleysh advised on antitrust.