October 22, 2021
Weil advised Micron Technology, Inc., a major global supplier of advanced semiconductor systems, in the sale of its Lehi, UT fab, a semiconductor factory, to Texas Instruments, Inc. for $900 million in cash. The transaction closed October 22, 2021.
The Weil team that advised Micron Technology, Inc. was led by Mergers & Acquisitions partner Craig Adas and included Corporate associates Grace Ly, Man Chi Wong and Jason Klig. The team also included Tax Head Joseph Pari; Tax counsel Eric Behl-Remijan; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits counsel Steven Margolis; Executive Compensation & Benefits associate Akansha Mishra; Technology & IP Transactions partner Karen Ballack; Technology & IP Transactions/Privacy counsel Edric Itchon, Olivia Greer and Alexa Chu Clinton; Technology & IP Transactions/Privacy associate Tyler Fredricks; Real Estate associate Lauren Burgos; Environmental Head Annemargaret Connolly; Environmental counsel Thomas Goslin; Regulatory Transactions counsel Timothy Welch; Antitrust partners Jeff White and Vadim Brusser; Antitrust associates Dan Nobil and Jarui Wang; and Employment Litigation partner Nicholas Pappas.