On October 5, Skyworks Solutions, Inc.—an innovator of high performance analog semiconductors connecting people, places and things—and PMC-Sierra, Inc. (PMC)—a semiconductor and software solutions leader in storage, optical and mobile networks—announced a definitive agreement under which Skyworks will acquire PMC for $10.50 per share in an all-cash transaction valued at approximately $2 billion.
Skyworks was represented by WilmerHale in this transaction, with Partners Jay Bothwick, Mark Borden and Joe Conahan leading the M&A team and Partners John Sigel and Justin Ochs and Special Counsel Jamie Class leading the finance team. The full team included: Partners Mike Bevilacqua, Bill Caporizzo, Scott Kilgore, and Hartmut Schneider; Counsels Chris Barnstable-Brown and Ciara Baker; Senior Associate Jeremy Delman and Associate Ritu Gupta.