Latham & Watkins Advised NVIDIA on US$5 Billion Investment in Intel
The global law firm, Latham & Watkins LLP advised NVIDIA Corporation (NASDAQ: NVDA) in connection with its US$5 billion investment in Intel Corporation (NASDAQ: INTC). The transaction involves NVIDIA acquiring Intel common stock at a purchase price of US$23.28 per share as part of a strategic collaboration to jointly develop multiple generations of custom data center and PC products, accelerating applications and workloads across hyperscale, enterprise, and consumer markets. The investment is subject to customary closing conditions, including regulatory approvals.
The Latham team advising NVIDIA was led by Josh Dubofsky (Partner, Bay Area), Saad Khanani (Partner, Bay Area), Drew Capurro (Partner, Orange County), and Arielle Singh (Counsel, Bay Area), with support from Peter Bassine (Associate) and Ryan Sanders (Associate). Antitrust advice was provided by Joshua Holian (Partner, Bay Area), Tomas Nilsson (Partner, Brussels), and Jana Dammann (Partner, Hamburg), with associates Hanna Nunez Tse and Bernie Archbold.
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