McCann FitzGerald advised the principal shareholders of Powervation Limited on the sale of the company to ROHM Company Limited for approximately US$70 million in an all-cash transaction.

Powervation is a fabless semiconductor company headquartered in Cork, Ireland with facilities in San Jose, Taipei, Shenzhen, and Beijing. It is a leading innovator in digital power controllers serving high-performance computing, cloud and communications infrastructure markets.

ROHM (headquartered in Kyoto, Japan) has over 20,000 employees and is a global leader in analog and power semiconductors. It supplies a diversified global customer base in the consumer, automotive and industrial markets.