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O’Melveny’s Scrivano Quoted in Daily Journal on Consolidation of the Semiconductor Industry

September 26, 2013 O’Melveny & Myers partner Paul Scrivano was quoted in a September 26, 2013, Daily Journal article focused on the estimated US$9billion all-stock takeover of Japanese rival Tokyo Electron Ltd. by Applied Materials Inc., and the “ongoing consolidation” of the semiconductor industry.  Scrivano told the publication that he expects to see more consolidation in the future.  "The semiconductor industry has always been highly volatile, and extremely competitive…it becomes a desire to have scale in order to fend off competitors to get better prices," he said in the article.

Scrivano is co-head of the Firm’s Mergers and Acquisitions Practice in the US.  He divides his time between O’Melveny’s New York, San Francisco, and Silicon Valley offices.