Morrison Foerster advised Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) on its $2.5 billion acquisition of Marvell Technology’s automotive ethernet business (NASDAQ: MRVL). The transaction combines Infineon’s market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon’s system capabilities for software-defined vehicles. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close within calendar year 2025.
The MoFo team was led by New York corporate partner Joe Sulzbach, San Francisco corporate partner Eric McCrath, and San Francisco technology transactions partner Aya Eguchi, together with New York corporate of counsel Amy Chen, and New York corporate associate Mohammed Alismail.
Read Infineon’s press release.