DEAL NOTE: Crowell & Moring Advises GigPeak in its Acquisition By Integrated Device Technology, Inc.
Firm News | 1 min read | 04.04.17
Washington, D.C., April 4, 2017 - Integrated Device Technology, Inc. (NASDAQ: IDTI) announced today that its tender offer by its wholly-owned subsidiary, Glider Merger Sub, Inc. (“Purchaser”), to purchase all outstanding stock of GigPeak, Inc. (NYSE: GIG) at an offer price of $3.08 expired as scheduled at one minute following 11:59 P.M. (12:00 midnight) New York City time, on Monday, April 3, 2017.
Following the expiration of the tender offer and the purchase of shares by IDT, IDT merged Purchaser into GigPeak, which became an indirect wholly owned subsidiary of IDT. GigPeak's optical interface products are broadly used by leading companies in the Communications, Cloud Data Center, and Military/Aviation markets.
Crowell & Moring served as lead legal counsel to GigPeak in this transaction, and the team included Jeffrey C. Selman, Todd Rosenberg, Scott Lessne, Ilana Lubin, Nicholas James, Lorin Dale-Pierce, Simon Leefatt, Karen Kopel, Jennifer Rodriguez, and corporate transaction manager, Matt Postiglione.
Insights
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Washington, D.C. – March 4, 2026: Crowell & Moring has expanded its Privacy and Cybersecurity Group with the addition of Rajeev Raghavan, a former Special Counsel to the Director of the Federal Bureau of Investigation and federal prosecutor. With more than 15 years of direct experience handling cybercrime, technology, regulatory, and enforcement challenges, and a foundational background as a computer programmer, Raghavan further strengthens the firm’s ability to help clients respond to evolving cybersecurity threats and navigate a rapidly changing legal and regulatory environment.
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