profile picture of Eric McCrath

Eric T. McCrath

Chair | San Francisco

Experience

Advised SoftBank Group Corp. and SoftBank Vision Fund in the proposed $65 billion sale of UK-headquartered multinational semiconductor and software design company Arm Limited to U.S. chip company NVIDIA.

Advised SoftBank Group Corp. as the largest investor in WeWork in connection with WeWork’s merger with BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU and BOWXW), a special purpose acquisition company (SPAC), which took the company public.

Advised SoftBank Corporation in its $8.6 billion sale of its controlling stake in Finnish gaming company Supercell Oy to Chinese Internet company Tencent Holdings, Ltd, a global leader in personal computer and mobile games.

Advised SoftBank Group Corp., in its $2.8 billion acquisition of 40% of AutoStore, a leading global robotics and software company headquartered in Norway, from funds affiliated with Thomas H. Lee Partners, L.P. and EQT Private Equity, among other shareholders.

Advised SoftBank in the sale of a majority of its stake in robotics company Boston Dynamics to South Korean automaker Hyundai Motor Company.

Advised onsemi (NASDAQ: ON) in its acquisitions of Fairchild Semiconductor for $2.4 billion, Quantenna Communications for $1.1 billion, Sanyo Semiconductor for $600 million, GLOBALFOUNDRIES’ East Fishkill, NY manufacturing facility for $430 million, GT Advanced Technologies for $415 million, Aptina Imaging for $400 million, and Cypress Semiconductor’s image sensor business unit for $31.4 million, and in its divestiture of the Ignition IGBT Business and its sale of the Transient Voltage Suppressor and Thyristor Business to Littelfuse.

Advised Uber Technologies (NYSE: UBER) in its $3.1 billion acquisition of Dubai-based Careem Inc., a leading provider of ride hailing, delivery, and payment services in the Middle East, South Asia, and Northern Africa.

Advising Unity (NYSE: U) in connection with its approximately $4.4 billion acquisition of ironSource (NYSE: IS), a leading business platform that empowers mobile content creators to turn their apps into scalable, successful businesses.

Advised Unity (NYSE: U) in connection with an asset carve-out acquisition from Weta Digital, for certain assets including its audio-visual effects development and management software tools for a purchase price of $1.625 billion.

Advised Unity (NYSE: U) in its acquisitions of Artomatix, Codice Software, deltaDNA, Finger Food Advanced Technology Group, Interactive Data Visualization, Mercer Road, Monarch Media, Multiplay (UK), Obvioos, OTO, Parsec, RestAR, SyncSketch, Visual Live 3D, and Ziva Dynamics.

Advised Divvy, a leader in spend management, in its $2.5 billion sale to Bill.com (NYSE: BILL), a provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs).

Advised BlackBerry (NYSE: BB) in its $1.4 billion acquisition of artificial intelligence and cybersecurity leader Cylance.

Advised Autodesk (NASDAQ: ADSK) in its acquisitions of BuildingConnected for $275 million, Spacemaker AS for $240 million, Socialcam for $60 million, Bestech Systems, Moxion, Pype, and Savoy Consulting Services.

Advised ShowingTime.com, a leading showing software and market stats service provider for the residential real estate industry, in its $500 million acquisition by Zillow Group.

Advised Gemini Trust, a cryptocurrency exchange and custodian, in is acquisitions of Bitria and Omniex.

Advised eBay (NASDAQ: EBAY) in connection with its acquisition of Sneaker Con Digital, a leading sneaker authenticator.


Named to the 2021 Dealmakers Impact Report

Variety

Ranked for Corporate/M&A

Chambers USA 2023