TDK acquires InvenSense for $1.3 billion
Clients TDK Corporation
Jones Day advised TDK Corporation in its $1.3 billion acquisition of InvenSense, Inc. The transaction was unanimously approved by the Boards of Directors of both companies. The acquisition was completed through a merger of a newly created subsidiary of TDK with and into InvenSense, with InvenSense continuing following the merger as a wholly-owned subsidiary of TDK.
In addition to M&A representation, Jones Day provided antitrust, employee benefits, and intellectual property advice regarding this transaction.