NXP Semiconductors NV

Total Page:16

File Type:pdf, Size:1020Kb

NXP Semiconductors NV SECURITIES AND EXCHANGE COMMISSION FORM SC 14D9/A Tender offer solicitation / recommendation statements filed under Rule 14d-9 [amend] Filing Date: 2017-12-13 SEC Accession No. 0000914121-17-001815 (HTML Version on secdatabase.com) SUBJECT COMPANY NXP Semiconductors N.V. Mailing Address Business Address HIGH TECH CAMPUS 60 31 40 27 43704 CIK:1413447| IRS No.: 000000000 EINDHOVEN P7 5656AG Type: SC 14D9/A | Act: 34 | File No.: 005-85657 | Film No.: 171253046 SIC: 3674 Semiconductors & related devices FILED BY ELLIOTT ASSOCIATES, L.P. Mailing Address Business Address 40 WEST 57TH STREET 40 WEST 57TH STREET CIK:904495| IRS No.: 222140975 | State of Incorp.:DE | Fiscal Year End: 1231 30TH FLOOR 30TH FLOOR Type: SC 14D9/A NEW YORK NY 10019 NEW YORK NY 10019 2125062999 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 AMENDMENT NO. 1 to SCHEDULE 14D-9 (RULE 14d-101) SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(D)(4) OF THE SECURITIES EXCHANGE ACT OF 1934 NXP Semiconductors N.V. (Name of Subject Company) Elliott Associates, L.P. Elliott International, L.P. Paul E. Singer Elliott Capital Advisors, L.P. Elliott Special GP, LLC Braxton Associates, Inc. Elliott Asset Management LLC Elliott International Capital Advisors Inc. Hambledon, Inc. Elliott Management Corporation The Liverpool Limited Partnership Liverpool Associates Ltd. Elliott Advisors (UK) Limited Manchester Securities Corp. (Name of Person(s) Filing Statement) Common Shares, par value EUR 0.20 per share (Title of Class of Securities) N6596X109 (CUSIP Number of Class of Securities) Richard M. Brand, Esq. Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Braden K. McCurrach, Esq. Cadwalader, Wickersham & Taft LLP 200 Liberty Street New York, New York 10281 (212) 504-6000 (Name, address and telephone number of person authorized to receive notices and communications on behalf of the person filing statement) ☐ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document This Amendment No. 1 (“Amendment No. 1”) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 filed with the Securities and Exchange Commission (the “SEC”) by the undersigned on December 11, 2017 (together with any subsequent amendments and supplements thereto, the “Schedule 14D-9”). The Schedule 14D-9 relates to the Tender Offer by Qualcomm River Holdings B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of The Netherlands (the “Purchaser”), a wholly owned subsidiary of QUALCOMM Incorporated, a Delaware corporation, as disclosed in the Tender Offer Statement on Schedule TO, filed by the Purchaser with the SEC on November 18, 2016, to purchase all outstanding common shares, par value €0.20 per share (the “Shares”), of NXP Semiconductors N.V., a public limited liability company (naamloze vennootschap) organized under the laws of The Netherlands, at a price of $110.00 per Share, less any applicable withholding taxes and without interest to the holders thereof, payable in cash, upon the terms and conditions set forth in the Purchaser’s Offer to Purchase dated November 18, 2016, and in the related Letter of Transmittal. The information in the Schedule 14D-9, including all exhibits and annexes that were previously filed with the Schedule 14D-9, is incorporated in this Amendment No. 1 by reference, except that such information is hereby amended or supplemented to the extent specifically provided herein. Capitalized terms used herein and not defined shall have the meaning ascribed to such terms in the Schedule 14D-9. Item 4. The Solicitation or Recommendation. Item 4 is hereby amended to add the following: On December 13, 2017, the Filing Persons released the UBS Valuation Report delivered to EAUK by UBS Investment Bank and issued a press release announcing the release of the UBS Valuation Report. The UBS Valuation Report and the press release are attached hereto as Exhibit 4 and Exhibit 5, respectively, and are incorporated by reference herein. Item 9. Exhibits. Item 9 is hereby amended to add the following: 4 UBS Valuation Report 5 Press Release, dated December 13, 2017 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 13, 2017 ELLIOTT ASSOCIATES, L.P. By: Elliott Capital Advisors, L.P., as General Partner By: Braxton Associates, Inc., as General Partner By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President ELLIOTT INTERNATIONAL, L.P. By: Elliott International Capital Advisors Inc., as Attorney- in-Fact By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President ELLIOTT CAPITAL ADVISORS, L.P. By: Braxton Associates, Inc., as General Partner By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President ELLIOTT SPECIAL GP, LLC By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President BRAXTON ASSOCIATES INC. By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ELLIOTT ASSET MANAGEMENT LLC By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President ELLIOTT INTERNATIONAL CAPITAL ADVISORS INC. By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President HAMBLEDON, INC. By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President ELLIOTT MANAGEMENT CORPORATION By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President THE LIVERPOOL LIMITED PARTNERSHIP By: Liverpool Associates, Ltd., as General Partner By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President LIVERPOOL ASSOCIATES LTD. By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President MANCHESTER SECURITIES CORP. By: /s/ Elliot Greenberg Name:Elliot Greenberg Title: Vice President Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ELLIOTT ADVISORS (UK) LIMITED By: /s/ Gordon Singer Name:Gordon Singer Title: Director /s/ Paul E. Singer Paul E. Singer Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Exhibit 4 8 December 2017 The UBS Valuation Report NXP Semiconductors N.V. Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document DISCLAIMER This Valuation Report does not address the relative merits of any transaction involving any of the companies discussed herein as compared to other business strategies or transactions that might be available to such entities. This Valuation Report does not constitute a recommendation to any shareholder as to how such shareholder should vote, tender or act with respect to any transaction. UBS expresses no opinion as to the price at which any securities of NXP Semiconductors N.V. (“NXP”) will trade at any time. In connection with this Valuation Report, UBS has, among other things: (i) reviewed certain publicly available business and financial information relating to NXP and other companies we believe to be generally relevant; (ii) reviewed current and historical market prices of the common stock of NXP and certain other companies we believe to be generally relevant; (iii) compared the financial terms of the QUALCOMM Incorporated’s tender offer for NXP with the publicly available financial terms of other transactions we believe to be generally relevant; and (iv) conducted such other financial studies, analyses and investigations, and considered such other information, as we deemed necessary or appropriate. UBS has not reviewed any of NXP’s internal financial information, forecasts or other data that is not publicly available, nor has UBS conducted any discussions with management of NXP. In addition, UBS has not made any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of NXP, nor has it been furnished with any such evaluation or appraisal. This Valuation Report is provided solely pursuant to Elliott's engagement of UBS in connection with, and for the purpose of, Elliott's evaluation of NXP’s common stock.This Valuation Report has been prepared by UBS AG and/or its subsidiaries, branches or affiliates (together, “UBS”) for the use of Elliott Associates, L.P., Elliott International, L.P., and their affiliates (collectively, “Elliott”) pursuant to Elliott’s engagement of UBS. The information in this Valuation Report has been obtained from publicly available sources and has not been independently verified by UBS or any of its directors, officers, employees, agents, representatives or advisers or any other person. No representation, warranty or undertaking, express or implied, is or will be given by UBS or its directors, officers, employees and/or agents as to or in relation to the accuracy, completeness, reliability or sufficiency of the information contained in this Valuation Report or as to the reasonableness
Recommended publications
  • Remuneration Policy for the Board of Management of Asml Holding N.V
    REMUNERATION POLICY FOR THE BOARD OF MANAGEMENT OF ASML HOLDING N.V. (VERSION 2021) Remuneration Policy for the Board of Management of ASML Holding N.V. (version 2021) Public Board of Management Remuneration Policy 2021 This remuneration policy for the Board of Management of ASML Holding N.V. (“BoM”) applies as from January 1, 2021 onwards. The remuneration policy was approved by the Supervisory Board (“SB”) of ASML, upon recommendation of its Remuneration Committee (“RC”) and adopted by the General Meeting (“GM”) on 29 April 2021. The Works Council exercised its right to cast its advisory vote prior to adoption. Remuneration as a strategic instrument The remuneration policy supports the long-term development and strategy of the Company in a highly dynamic environment, while aiming to fulfill all stakeholders’ requirements and keeping an acceptable risk profile. More than ever, the challenge for us is to drive technology, to serve our customers and to satisfy our stakeholders. These drivers are embedded in the identity, mission and values of ASML and its affiliated enterprises and are the backbone of the remuneration policy. The SB ensures that the policy and its implementation are linked to the Company’s objectives. The objective of the remuneration policy is to enable ASML to attract, motivate and retain qualified industry professionals for the BoM in order to define and achieve our strategic goals. The policy acknowledges the internal and external context as well as our business needs and long-term strategy. The policy is designed to encourage behavior that is focused on long-term value creation and the long-term interests and sustainability of the Company, while adopting the highest standards of good corporate governance.
    [Show full text]
  • Intel Corporation
    US RESEARCH | PUBLISHED BY RAYMOND JAMES & ASSOCIATES INTEL CORPORATION (INTC-NASDAQ) JULY 26, 2021 | 8:27 PM EDT Semiconductors COMPANY BRIEF Chris Caso | (212) 856-4893 | [email protected] Melissa Fairbanks | (727) 567-1081 | [email protected] Underperform 4 New Names, Same Problems Suitability M/ACC Intel hosted its "Intel Accelerated" manufacturing roadmap update Monday evening, detailing their process roadmap through 2025. The presentation laid a path through which Intel hopes to MARKET DATA Current Price (Jul-26-21) $54.31 have achieved parity with TSMC (and by extension, AMD) by 2024, and a goal of process leadership Market Cap (mln) $221,802 by 2025. This is no different from the goals laid out by Intel’s new CEO when he came on board Current Net Debt (mln) $10,552 a quarter ago, but the company did provide more details about how they intend to achieve that Enterprise Value (mln) $232,354 Shares Outstanding (mln) 4,084.0 goal. Attaining leadership by 2025 requires Intel to introduce a full process node improvement 30-Day Avg. Daily Value (mln) $1,362.7 each year for the next 4 years – an aggressive assumption given the production missteps from Dividend $1.39 the past several years. What Intel didn’t disclose were the costs of this roadmap, which we Dividend Yield 2.6% 52-Week Range $43.61 - $68.49 expect them to discuss during the November analyst day. And while there is great uncertainty BVPS $14.76 about Intel’s ability to achieve these targets, what’s less uncertain is a requirement for higher Long-Term Debt (mln) $24,632 capital intensity.
    [Show full text]
  • NXP's A71CH Trust Anchor Solution Delivers Secure Connections to Google Cloud Iot Core
    NXP's A71CH Trust Anchor Solution Delivers Secure Connections to Google Cloud IoT Core September 10, 2018 Collaboration brings “zero-touch” onboarding of devices to Google Cloud IoT with NXP A71CH, Plug & Trust Secure Element EINDHOVEN, The Netherlands, Sept. 10, 2018 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today officially announced a solution for secure, scalable connections of devices using NXP’s A71CH to Google IoT Cloud. NXP is providing Original Equipment Manufacturers (OEMs) a “Plug & Trust” experience for authenticating to Google Cloud IoT Core. NXP’s A71CH is a trust anchor, ready-to-use security solution designed for integration into next-generation IoT devices, such as edge nodes and gateways. When embedded into devices, the chip signs a secure token and is validated by Google IoT Core to enable seamless peer-to-peer cloud connections with private credentials pre-injected for autonomous cloud onboarding and authentication. “Security is a critical concern that must be top of mind when deploying and managing IoT devices that connect to the cloud,” said Antony Passemard, Head of Product, Cloud IoT at Google. “This solution makes it easy for developers to add a strong identity encryption and access control. We’re happy to work with NXP, a recognized industry leader in IoT and security, to simplify development of IoT devices with embedded security.” “Security-by-design is key to unlocking the next wave of IoT device connections,” said Philippe Dubois, senior director and general manager of IoT security solutions at NXP. “Our solution aims to solve scalability and complexity issues commonly associated with securing and managing edge devices.
    [Show full text]
  • DONALD J. ROSENBERG Executive Vice President, General Counsel and Corporate Secretary Qualcomm Incorporated
    Qualcomm Incorporated 5775 Morehouse Drive (858) 587-1121 San Diego, CA 92121-1714 www.qualcomm.com DONALD J. ROSENBERG Executive Vice President, General Counsel and Corporate Secretary Qualcomm Incorporated Donald J. Rosenberg is executive vice president, general counsel and corporate secretary of Qualcomm Incorporated. Mr. Rosenberg reports directly to CEO Steve Mollenkopf and is a member of the company's Executive Committee. In his role as chief legal officer, he is responsible for overseeing Qualcomm's worldwide legal affairs including litigation, intellectual property and corporate matters. Qualcomm's Government Affairs, Strategic Intellectual Property, Internal Audit and Compliance organizations also report to him. Prior to joining Qualcomm, Mr. Rosenberg served as senior vice president, general counsel and corporate secretary of Apple Inc. Prior to that, he was senior vice president and general counsel of IBM Corporation where he had also held numerous positions including vice president and assistant general counsel for litigation and counsel to IBM's mainframe division. Mr. Rosenberg has had extensive experience in corporate governance, compliance, law department management, litigation, securities regulation, intellectual property and competition issues. He has served as an adjunct professor of law at New York's Pace University School of Law, where he taught courses in intellectual property and antitrust law. Mr. Rosenberg is Co-Chair of the Lawyers’ Committee for Civil Rights under Law and a board member of the Corporate Directors Forum as well as the La Jolla Playhouse. Mr. Rosenberg received a Bachelor of Science degree in mathematics from the State University of New York at Stony Brook and his juris doctor from St.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    QuickLinks -- Click here to rapidly navigate through this document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE TO Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934 (Amendment No. 23) NXP Semiconductors N.V. (Name of Subject Company (Issuer)) Qualcomm River Holdings B.V. (Offeror) an indirect, wholly-owned subsidiary of QUALCOMM Incorporated (Ultimate Parent of Offeror) (Names of Filing Persons (identifying status as offeror, issuer or other person)) Common shares, par value €0.20 per share (Title of Class of Securities) N6596X109 (CUSIP Number of Class of Securities) Donald J. Rosenberg Executive Vice President, General Counsel and Corporate Secretary QUALCOMM Incorporated 5775 Morehouse Drive San Diego, California 92121 Telephone: (858) 587-1121 (Name, address and telephone number of person authorized to receive notices and communications on behalf of filing persons) with copies to: Scott A. Barshay Christiaan de Brauw Steven J. Williams Allen & Overy LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Apollolaan 15 1285 Avenue of the Americas PO Box 75440 New York, NY 10019 Amsterdam 1070 AK +1 212 373 3000 Netherlands +31 20 674 1000 CALCULATION OF FILING FEE Transaction Valuation* Amount of Filing Fee** $44,805,140,610.61 $5,247,572.95 * Calculated solely for purposes of determining the filing fee. The calculation of the transaction value is determined by adding the sum of (i) 343,644,985 common shares, par value €0.20 per share (not including treasury
    [Show full text]
  • I.MX 8Quadxplus Power and Performance
    NXP Semiconductors Document Number: AN12338 Application Note Rev. 4 , 04/2020 i.MX 8QuadXPlus Power and Performance 1. Introduction Contents This application note helps you to design power 1. Introduction ........................................................................ 1 management systems. It illustrates the current drain 2. Overview of i.MX 8QuadXPlus voltage supplies .............. 1 3. Power measurement of the i.MX 8QuadXPlus processor ... 2 measurements of the i.MX 8QuadXPlus Applications 3.1. VCC_SCU_1V8 power ........................................... 4 Processors taken on NXP Multisensory Evaluation Kit 3.2. VCC_DDRIO power ............................................... 4 (MEK) Platform through several use cases. 3.3. VCC_CPU/VCC_GPU/VCC_MAIN power ........... 5 3.4. Temperature measurements .................................... 5 This document provides details on the performance and 3.5. Hardware and software used ................................... 6 3.6. Measuring points on the MEK platform .................. 6 power consumption of the i.MX 8QuadXPlus 4. Use cases and measurement results .................................... 6 processors under a variety of low- and high-power 4.1. Low-power mode power consumption (Key States modes. or ‘KS’)…… ......................................................................... 7 4.2. Complex use case power consumption (Arm Core, The data presented in this application note is based on GPU active) ......................................................................... 11 5. SOC
    [Show full text]
  • Walgreens ™ 4181 Oceanside Blvd | Oceanside, CA Walgreens, Oceanside CA | 1 ™
    OFFERING MEMORANDUM Walgreens ™ 4181 Oceanside Blvd | Oceanside, CA Walgreens, Oceanside CA | 1 ™ ® college boulevard SUBJECT PROPERTY oceanside boulevard traffic counts OCEANSIDE BOULEVARD......±31,792 ADT ™ COLLEGE2 | BOULEVARD...........±40,116Matthews Real Estate ADT Investment Services contents 04 EXECUTIVE SUMMARY 06 financial OVERVIEW 10 tenant overview college boulevard 14 area OVERVIEW exclusively listed by SUBJECT PROPERTY CAITLIN ZIRPOLO ASSOCIATE SHOPPING CENTERS [email protected] DIR (949) 432-4518 MOB (760) 685-6873 LIC # 01987844 (CA) el warner SVP & NATIONAL DIRECTOR SHOPPING CENTERS [email protected] DIR (949) 873-0507 oceanside boulevard MOB (858) 752-3078 LIC # 01890271 (CA) kyle matthews CHAIRMAN AND CEO BROKER OF RECORD [email protected] DIR (310) 919-5757 MOB (310) 622-3161 LIC # 01469842 (CA) Walgreens, Oceanside CA | 3 executive summary offering summary Matthews Shopping Center Division - West is pleased to present the absolute triple-net (NNN) ground lease sale of Walgreens, located in North County San Diego, city of Oceanside, California. Situated on the hard corner of College Boulevard and Oceanside Boulevard, this asset benefits from its location in a densely populated submarket with strong demographics. This is an excellent opportunity for an investor to acquire an attractive, low risk-asset in the heart of Southern California. Outparceled to Del Oro Marketplace, this irreplaceable retail location provides an investor a long 18-year lease term with rare 10% rental increases every ten
    [Show full text]
  • Surface Pro X Fact Sheet October 2020
    Surface Pro X Fact Sheet October 2020 Meet the future of always-connected productivity. Wherever life leads you, be ready for anything with Surface Pro X. With blazing-fast Gigabit LTE connectivity,1 our thinnest Surface Pro features two USB-C® ports and a stunning, virtually edge-to-edge 13” touchscreen, plus choice of a new platinum finish and keyboard colors.2 What’s new? • Surface Pro X introduces the Microsoft SQ®2, the second generation of our custom chip on our premium configurations, building on the innovation of the Microsoft SQ® 1, delivering even more multi-tasking power for true connected productivity. • Surface Pro X is now available in a new Platinum finish in addition to Matte Black, and Surface Pro X Keyboards are now available in three new colors2: Ice Blue, Poppy Red, and Platinum, in addition to Black. • In addition to refreshing our top-end SKUs, additional software improvements will benefit all customers of Surface Pro X: o Increased battery life that now delivers up to 15 hours of typical usage.3 o Increasing number of key app partners are embracing Windows on ARM and taking advantage of the power and performance benefits of Microsoft SQ® 1 and Microsoft SQ® 2 and bringing new experiences for all Surface Pro X customers – current and new, including new Microsoft 365 applications4 optimized for Windows on ARM such as Microsoft Edge and Microsoft Teams which provides improved performance and reliability. o For developers, Visual Studio Code4 has updated and optimized for Windows on ARM. The new VS Code, paired with WSL2 and the Windows Terminal make Surface Pro X the ideal modern dev box.
    [Show full text]
  • Qualcomm Expands Smart Headset Platform to Include Support for the Google Assistant
    May 9, 2019 Qualcomm Expands Smart Headset Platform to Include Support for the Google Assistant - New Audio Headset Reference Design, Based on the Flagship Qualcomm® QCC5100-series, Helps Manufacturers Create Innovative Products with Fast Pair and the Google Assistant - SAN JOSE, Calif., May 9, 2019 /PRNewswire/ -- Qualcomm Technologies International, Ltd., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today announced support for the Google Assistant and Google Fast Pair on the Qualcomm® Smart Headset Platform. Based on Qualcomm Technologies International's most advanced family of low power Bluetooth audio chips (QCC5100-series), the reference design includes key hardware and software required for manufacturers to more easily create differentiated wireless stereo earbuds featuring support for the Google Assistant and enabling a variety of product tiers and categories. The end-to-end reference design supports push-button activation for the Google Assistant which connects to the Google Assistant app running on the smartphone. The integrated platform is designed to bring a unique combination of processing capability, connectivity options, voice assistant interfaces and premium audio technologies to help meet increasing consumer demand for comprehensively featured, highly intuitive wireless stereo headsets and earbuds. The full release is available on the Qualcomm News Center website at(https://www.qualcomm.com/news/releases/2019/05/09/qualcomm-expands-smart-headset-platform-include-support- google-assistant) About Qualcomm Qualcomm
    [Show full text]
  • The Three Year Anniversary of Ebay V. Mercexchange
    such as monetary damages, are inadequate to compensate for that injury; (3) that, con- The Three Year Anniversary sidering the balance of hardships between the parties, a remedy in equity is warranted; of eBay v. MercExchange: and (4) that the public interest would not be disserved by a permanent injunction. While both lower courts ostensibly applied A Statistical Analysis of this test, the Court held that they applied it incorrectly. The Court explained that there is no “general rule” requiring injunctive Permanent Injunctions relief in patent infringement cases. In his concurring opinion, Justice Kennedy BY ERNEST GRUMBLES III, RACHEL C. HUGHEY AND courts have been handling permanent considered on the issue of “patent trolls,” SUSAN PERERA injunctions. It is also valuable to review relevant Federal Circuit decisions to under- suggesting that monetary damages, rather than injunctive relief, may be sufficient Ernest Grumbles III is a partner in the stand how the court reviews those deci- compensation for non-practicing entities. Minneapolis office of Merchant & Gould sions—especially when the district court decides not to grant a permanent injunc- P.C. and focuses his practice on patent METHODOLOGY and trademark litigation and related tion. Unsurprisingly, since the eBay deci- portfolio counseling. He is also the host of sion, district courts have been willing to In an attempt to understand how the the intellectual property podcast BPGRadio. deny permanent injunctions after a finding district courts have applied eBay in the com. He may be reached at egrumbles@ of patent infringement—something that was three years since the decision, the authors merchantgould.com.
    [Show full text]
  • Kenneth B. Wallach Partner
    Kenneth B. Wallach Partner 425 Lexington Avenue New York, NY 10017 [email protected] Phone: +1-212-455-3352 Fax: +1-212-455-2502 Kenneth B. Wallach is a Corporate Partner in the Firm’s New PRACTICE FOCUS York office and serves as Co-Head of the Global Capital Markets Practice. Ken focuses his practice on corporate finance Leveraged Finance transactions. He has also advised clients on mergers and Capital Markets acquisitions transactions. He has represented issuers, private High Yield equity sponsors and underwriters in high yield bond offerings, Debt initial public offerings, investment grade debt offerings, follow- Initial Public Offerings Corporate on equity offerings, restructurings and other corporate finance Public Company Advisory Practice transactions. Ken has been recognized by The Legal 500 and Restructuring Chambers USA, where he was cited “an attorney who can easily Private Capital and Special Situations take on extremely complicated deals.” INDUSTRIES Ken also regularly advises clients with respect to corporate governance, securities laws and general corporate matters. He Healthcare has also represented corporations and private equity sponsors in a variety of leveraged buyouts, mergers, acquisitions, dispositions, spin-offs, joint ventures and other business combination transactions. Ken advises, among others, Weight Watchers, Mars, Wrigley, Dell, Blue Buffalo, Symantec, Walgreens Boots Alliance, Garda World Security, Assured Partners, Drummond, Cooper-Standard, K2M, Patheon, Silver Lake Partners, Apax Partners, The Invus Group, and JLL Partners. Ken’s recent transactions include: www.simpsonthacher.com 1 Dell in connection with the financing of its $67 billion acquisition of EMC Symantec in connection with the financing of its $2.3 billion acquisition of LifeLock Wm.
    [Show full text]
  • Qualcomm Collaborates with Microsoft to Support Windows 10 Computing Devices on Next Generation Qualcomm Snapdragon Processors
    December 7, 2016 Qualcomm Collaborates with Microsoft to Support Windows 10 Computing Devices on Next Generation Qualcomm Snapdragon Processors SHENZHEN, China, Dec. 8, 2016 /PRNewswire/ -- Today at Microsoft's Windows Hardware Engineering Community event (WinHEC), Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM) announced that they are collaborating with Microsoft Corp. to enable Windows 10 on mobile computing devices powered by next-generation Qualcomm® Snapdragon™ processors, enabling mobile, power efficient, always-connected cellular PC devices. Supporting full compatibility with the Windows 10 ecosystem, the Snapdragon processor is designed to enable Windows hardware developers to create next generation device form factors, providing mobility to cloud computing. "Qualcomm Snapdragon processors offer one of the world's most advanced mobile computing features, including Gigabit LTE connectivity, advanced multimedia support, machine learning and superior hardware security features, all while supporting thin, fan-less designs and long battery life," said Cristiano Amon, executive vice president, Qualcomm Technologies, Inc., and president, QCT. "With compatibility with the Windows 10 ecosystem, the Qualcomm Snapdragon platform is expected to support mobility to cloud computing and redefine how people will use their compute devices." As traditional PC computing becomes more mobile, Qualcomm Technologies brings the scale of the mobile ecosystem with an unparalleled pace of innovation to address consumers' growing need to be always on and always connected. Snapdragon can be designed to support Windows 10 PCs to combine the best of computing and productivity with the cutting edge consumer electronics technologies available in today's leading smartphones. "We are excited to bring Windows 10 to the ARM ecosystem with Qualcomm Technologies," said Terry Myerson, executive vice president of the Windows and Devices Group at Microsoft.
    [Show full text]