Transactions
May 30, 2001
Wilson Sonsini: Chip Maker Triquint Plans Acquisition of Design Firm
Communications chip maker TriQuint Semiconductor Inc. will buy Sawtek Inc., a wireless-component designer. The stock deal is worth $1.3 billion.
The stock deal is worth $1.3 billion.
TriQuint, based in Hillsboro, Ore., designs semiconductors used in cellular phones, optical networking and aerospace applications.
Orlando, Fla.'s Sawtek builds special filters used to eliminate noise from wireless signals.
Both companies derive a majority of their business from the mobile-phone market, and their clients customers include Nokia Corp., LM Ericsson and Lucent Technologies Inc.
Palo Alto's Wilson Sonsini Goodrich & Rosati represented TriQuint. Partner Steve Camahort led the deal team, which consisted of Palo Alto partners Robert Latta, Michael Schultz, Roger Stern, Marc Gottschalk and Michael Okada and associates Julia Reigel and Jenny Yeh. San Francisco partner Elizabeth Cheever and associate Heather Meeker also assisted.
Portland, Ore.'s Ater Wynne also represented TriQuint. Partners William Campbell, Brenda Meltebeke, Tom Balmer, Randy Johnson, John Schultz, and Leslie Bottomly guided associates Douglas Morris, Colin Savoy, Melissa Robertson, Laurie Klee, Natella Svistunova, Alia Miles and Jenny Trieu on the details.
Orlando, Fla.'s Gray Harris and Robinson represented Sawtek. Partner William Grimm and associate Catherine Bowman worked on the deal.
Victoria Newman
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