1. Home
  2. |Insights
  3. |DEAL NOTE: Crowell & Moring Advises GigPeak in its Acquisition By Integrated Device Technology, Inc.

DEAL NOTE: Crowell & Moring Advises GigPeak in its Acquisition By Integrated Device Technology, Inc.

Firm News | 1 min read | 04.04.17

Washington, D.C., April 4, 2017 - Integrated Device Technology, Inc. (NASDAQ: IDTI) announced today that its tender offer by its wholly-owned subsidiary, Glider Merger Sub, Inc. (“Purchaser”), to purchase all outstanding stock of GigPeak, Inc. (NYSE: GIG) at an offer price of $3.08 expired as scheduled at one minute following 11:59 P.M. (12:00 midnight) New York City time, on Monday, April 3, 2017.

Following the expiration of the tender offer and the purchase of shares by IDT, IDT merged Purchaser into GigPeak, which became an indirect wholly owned subsidiary of IDT. GigPeak's optical interface products are broadly used by leading companies in the Communications, Cloud Data Center, and Military/Aviation markets.

Crowell & Moring served as lead legal counsel to GigPeak in this transaction, and the team included Jeffrey C. Selman, Todd Rosenberg, Scott Lessne, Ilana Lubin, Nicholas James, Lorin Dale-Pierce, Simon Leefatt, Karen Kopel, Jennifer Rodriguez, and corporate transaction manager, Matt Postiglione.

The IDTI announcement is available here.

Insights

Firm News | 2 min read | 01.10.25

Crowell & Moring Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Washington – January 10, 2025: Crowell & Moring has received a score of 100 on the Human Rights Campaign Foundation’s 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Crowell joins the 765 U.S. businesses that will be honored with HRCF’s Equality 100 Award as Leaders in LGBTQ+ Workplace Inclusion, marking the 14th consecutive year that the firm has earned 100 percent on the Corporate Equality Index.

View All Insights