Qualcomm’s $47 Billion Acquisition of NXP


Allen & Overy (A&O), DLA Piper, Paul Weiss, Cravath, Skadden Arps Slate Meagher & Flom,Shearman & Sterling and De Brauw Blackstone Westbroek have advised on the transaction. Jones Day has advised Qatalyst Partners in its role as financial adviser to NXP

Qualcomm Incorporated and NXP Semiconductors N.V. announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP. Pursuant to the agreement, a subsidiary of Qualcomm will commence a tender offer to acquire all of the issued and outstanding common shares of NXP for $110.00 per share in cash, representing a total enterprise value of approximately $47 billion.

Paul Weiss has advised Qualcomm with a team including Scott Barshay (Picture), Steven Williams, Eric Goodison, John Kennedy, Manuel Frey, Ellen Ching and Ross Fieldston and counsel Justin Rosenberg, Brian Scrivani and Patricia Vaz de Almeida; tax partners Jeffrey Samuels, Patrick Karsnitz, David Sicular and David Mayo and counsel Alyssa Wolpin; intellectual property partners Claudine Meredith-Goujon and Chuck Googe and counsel Menachem Kaplan; employee benefits partner Lawrence Witdorchic; litigation partners Eric Stone, Catherine Nyarady, Audra Soloway, Nicholas Groombridge, Andrew Gordon, Joseph Simons and Aidan Synnott and counsel Kira Davis, Peter Jaffe and Kripa Raman; real estate partner Peter Fisch; environmental counsel William O’Brien; international trade counsel Richard Elliott; and antitrust counsel Marta Kelly.

Cravath has advised Qualcomm with George E. Zobitz and D. Scott Bennett on financing matters and partners Christine A. Varney and Yonatan Even on antitrust matters.

DLA Piper has advised Qualcomm’s board of directors with Cameron Rains, Douglas Rein and Jeff Baglio.

A&O has advised Qualcomm on Dutch legal matters with a team led by corporate partner Christiaan de Brauw and tax partner Godfried Kinnegim.

Shearman & Sterling has advised Qualcomm on European competition law aspects with a team led by Miguel Rato and Stephen Mavroghenis.

Skadden Arps Slate Meagher & Flom has advised NXP with Allison Schneirov, Kenton King and Alexandra McCormack; antitrust partners Steven Sunshine, Ingrid Vandenborre and Maria Raptis; executive compensation partner Regina Olshan; tax partner Gavin White; and corporate finance partner Laura Belkhayat.

Goodwin represented Centerview Partners acting as financial advisor to the Qualcomm Board with a team including Stuart Cable, Jim Matarese, Deborah Birnbach and Blake Liggio.

Involved fees earner: Scott Barshay – Paul Weiss Rifkind Wharton & Garrison; Steven Williams – Paul Weiss Rifkind Wharton & Garrison; John Kennedy – Paul Weiss Rifkind Wharton & Garrison; Ellen Ching – Paul Weiss Rifkind Wharton & Garrison; Ross Fieldston – Paul Weiss Rifkind Wharton & Garrison; Justin Rosenberg – Paul Weiss Rifkind Wharton & Garrison; Brian Scrivani – Paul Weiss Rifkind Wharton & Garrison; Patricia Vaz de Almeida – Paul Weiss Rifkind Wharton & Garrison; Jeffrey Samuels – Paul Weiss Rifkind Wharton & Garrison; Patrick Karsnitz – Paul Weiss Rifkind Wharton & Garrison; David Sicular – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison; Alyssa Wolpin – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Menachem Kaplan – Paul Weiss Rifkind Wharton & Garrison; Kripa Raman – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison; Eric Alan Stone – Paul Weiss Rifkind Wharton & Garrison; Catherine Nyarady – Paul Weiss Rifkind Wharton & Garrison; Audra Soloway – Paul Weiss Rifkind Wharton & Garrison; Nicholas Groombridge – Paul Weiss Rifkind Wharton & Garrison; Andrew Gordon – Paul Weiss Rifkind Wharton & Garrison; Kira Davis – Paul Weiss Rifkind Wharton & Garrison; Peter Fisch – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; Eric Goodison – Paul Weiss Rifkind Wharton & Garrison; Manuel Frey – Paul Weiss Rifkind Wharton & Garrison; Joseph Simons – Paul Weiss Rifkind Wharton & Garrison; Aidan Synnott – Paul Weiss Rifkind Wharton & Garrison; Peter Jaffe – Paul Weiss Rifkind Wharton & Garrison; George E. Zobitz – Cravath Swaine & Moore; Scott Bennett – Cravath Swaine & Moore; Christine Varney – Cravath Swaine & Moore; Yonatan Even – Cravath Swaine & Moore; Stuart Cable – Goodwin Procter; James Matarese – Goodwin Procter; Blake Liggio – Goodwin Procter; Deborah Birnbach – Goodwin Procter; Allison Schneirov – Skadden Arps Slate Meager & Flom; Kenton King – Skadden Arps Slate Meager & Flom; Alexandra McCormack – Skadden Arps Slate Meager & Flom; Steven Sunshine – Skadden Arps Slate Meager & Flom; Ingrid Vandenborre – Skadden Arps Slate Meager & Flom; Maria Raptis – Skadden Arps Slate Meager & Flom; Regina Olshan – Skadden Arps Slate Meager & Flom; Gavin White – Skadden Arps Slate Meager & Flom; Laura Kaufmann Belkhayat – Skadden Arps Slate Meager & Flom; Ferdinand Mason – Jones Day; James Dougherty – Jones Day; Daniel Mitz – Jones Day; Stephen Hibbard – Jones Day; Stephen Mavroghenis – Shearman & Sterling; Miguel Rato – Shearman & Sterling; Christiaan de Brauw – Allen & Overy;

Law Firms: Paul Weiss Rifkind Wharton & Garrison; Cravath Swaine & Moore; Goodwin Procter; Skadden Arps Slate Meager & Flom; Jones Day; Shearman & Sterling; Allen & Overy;

Clients: Centerview Partners; Qualcomm Incorporated; Qatalyst Partners; NXP Semiconductors N.V.;