Skyworks Solutions, Inc.
O’Melveny acted as lead counsel to Skyworks in its US$148.5 million acquisition of a controlling interest in Panasonic Corporation’s filter technology business for smart phones and other mobile applications. The complex transaction, which involved the spin-out of assets and employees in Japan and Singapore, is structured as a joint venture between Skyworks and Panasonic, with Skyworks having the right to acquire Panasonic’s remaining joint venture interest for US$76.5 million.