Morrison & Foerster represented ON Semiconductor in its $1.1 billion all-cash acquisition of Silicon Valley-based public company Quantenna Communications Inc. The transaction is structured as a merger and is expected to close in 2019.
Quantenna, which went public in 2016, is a leader in the design, development, and marketing of advanced high-speed WiFi communication solutions.
MoFo's M&A team was led by partners Eric McCrath and Lauren Bellerjeau (corporate), partner Paul Jahn (technology transactions), partner Anthony Carbone (tax), partner Ron Aizen (benefits), and partner Jonathan Gowdy (antitrust).
Read the companies’ press release.