Deal Note: Crowell & Moring Advises GigOptix in Its Acquisition of Terasquare
Washington, D.C. – September 30, 2015: GigOptix, Inc., a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, announced on September 30, 2015 the acquisition of Terasquare, Co. Ltd., a Seoul, Korea-based, fabless semiconductor company and provider of low power, CMOS high speed communication interface semiconductors for 100Gbps Ethernet, Fiber Channel, and EDR Infiniband applications.
Crowell & Moring served as lead legal counsel to GigOptix in the acquisition, and the team included: San Francisco partner Jeffrey C. Selman, New York counsel Brian Blitz and San Francisco associate Karen Kopel.
This transaction comes directly on the heels of Crowell & Moring’s work advising GigOptix on the pricing of its underwritten public offering of an aggregate of 10,643,000 newly issued shares of common stock at a price of $1.70 per share.
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