The Technology M&A and Public M&A teams advised Renesas Electronics Corporation (TSE:6723) on the completion of its acquisition of Transphorm, Inc. (Nasdaq: TGAN) in an all-cash transaction valued at approximately $345 million. With the completion of the transaction, Renesas will immediately start offering GaN-based power products and related reference designs to meet the rising demand for wide bandgap semiconductor products.
Renesas is a leading global provider of microcontrollers who brings combined expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions.
The Goodwin team was led by Jean A. Lee, and William Stanton, and included Stephanie Barbanell, Alesha Neumann, Ananth Lakshman, Cecilia Chen, Jia Jia Huang, JB Schiller, Jinny Kim, Izzy Greenblatt, Dan Karelitz, Erika Pey, Sarah Jordan, Andrew Lacy, Eram Khan, Simone Waterbury, Brady P.P. Cummins, Ortal Ben Aharon, Andrew Jensen, Richard Matheny, Charles Li, Katie Dee, Liza Craig, Alex Vivona, Edward Holzwanger, Nathaniel Hsieh, Malhar Naik, Andre Amorim, Regina Couto, James Oh, Jacqueline Klosek, Federica De Santis, Deborah Birnbach, Bill Harrington, and Jordan Benson.
For additional details on the acquisition, please read the press release.