• Press Releases
• Media Clips

Text Search:

Nixon Peabody Advises GigOptix in Acquisition; Semiconductor Manufacturer Completes Purchase of ChipX

Palo Alto, CA. GigOptix, Inc., a high-speed analog semiconductor manufacturer specializing in electronic engines for the optically connected digital world, recently acquired ChipX, Incorporated, a Santa Clara, CA–based supplier of analog and mixed signal custom application specific integrated circuits (ASICs), customized for a particular use rather than general-purpose use. Nixon Peabody attorneys served as legal counsel to GigOptix during the deal. The team was led by Silicon Valley corporate transactions partner Jeffrey Selman.

11/12/2009

“In the current market, we have found that there are strategic business decisions worth pursuing and the acquisition of ChipX was one of these opportunities as it expands our portfolio,” said Dr. Avi Katz, chairman of the board of directors and chief executive officer of GigOptix. “In Nixon Peabody, we found an international law firm with strong ties to the California business community who values our successes. Through our partnership with the firm, GigOptix has been able to complete complicated transactions such as this one and others; bringing together complementary technologies and increasing the value delivered to our customers.”

Mr. Selman, Nixon Peabody partner, added, “It’s a tremendous opportunity for our team to work closely with a company such as GigOptix that has a strong entrepreneurial spirit. GigOptix recognizes that there are opportunities in the industry which will strengthen its brand and offerings and is looking to ensure the proper steps are taken in a smart manner. We look forward to continuing our work with the GigOptix team.”

About Nixon Peabody

Nixon Peabody LLP is recognized as a “Global 100” law firm—one of the largest in the world. With 800 attorneys collaborating across major practice areas in 17 cities, including Albany, Boston, Chicago, London, Los Angeles, New York, Paris, Rochester, San Francisco, Shanghai, Silicon Valley, and Washington, DC, the firm’s size, diversity, and advanced technological resources enable it to offer comprehensive legal services to individuals and organizations of all sizes in local, state, national, and international matters. Nixon Peabody LLP was recognized as one of FORTUNE magazine’s “100 Best Companies To Work For®” three years in a row. The firm has also been named to the Human Rights Campaign’s 2010 “Best Places To Work For LGBT Equality” list.

Boston • Chicago • Los Angeles • London • New York • Paris
Rochester • San Francisco • Shanghai • Silicon Valley • Washington • Albany
Buffalo • Long Island • Manchester • Palm Beach Gardens • Providence

Disclaimer | Nixon Peabody International | © 2010 Nixon Peabody LLP
This website contains attorney advertising. Prior results do not guarantee a similar outcome.