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Mergers & Acquisitions

Aug. 19, 2014

MoFo helps Intel buy networking business for $650 million

Morrison & Foerster LLP advised Santa Clara-based Intel Corp. in its $650 million cash acquisition of LSI's Axxia Networking Business, a subsidiary of Avago Technologies Ltd.


By Alex Shively


Daily Journal Staff Writer


Morrison & Foerster LLP advised Santa Clara-based Intel Corp. in its $650 million cash acquisition of LSI Corp.'s Axxia Networking Business, a subsidiary of Avago Technologies Ltd. Avago is a semiconductor and component manufacturer based in San Jose and Singapore.


The deal is the second in as many weeks for San Francisco-based partner Robert S. Townsend. Townsend, who is co-chair of MoFo'...

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