Jones Day is advising TDK Corporation in its $1.3 billion acquisition of InvenSense, Inc. The transaction has been unanimously approved by the Boards of Directors of both companies. Completion of the transaction is expected in the second quarter of the fiscal year ending March 31, 2018, and is subject to approvals by InvenSense shareholders and the relevant regulatory authorities. The acquisition will be 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 is providing antitrust, employee benefits, and intellectual property advice regarding this transaction.

For additional information about this matter, please contact: Stephen J. DeCosse, Jonn R. Beeson
Client(s): TDK Corporation
Practice(s): M&A, Antitrust & Competition Law, Employee Benefits & Executive Compensation, Intellectual Property
Office(s): Tokyo, Irvine, San Francisco, Milan, Washington, Taipei, San Diego, Chicago, Paris, Frankfurt