Renesas Electronics Corporation (TSE:6723), a global leader in microcontrollers and embedded processing, has completed its acquisition of Transphorm, Inc. (Nasdaq: TGAN) in a transaction valued at approximately $345 million. With the acquisition, Renesas aims to leverage its new capabilities in GaN-based power products and expand its offerings in wide bandgap semiconductors—a growing market segment. Legal advisement for the transaction was provided by Goodwin’s Technology and Public M&A teams, led by Jon Olsen, Jean A. Lee, and William Stanton, among other contributors. The deal underscores Renesas’ strategic intent to strengthen its semiconductor solutions by incorporating Transphorm’s expertise in GaN technology.

Semiconductors, Mergers and Acquisitions (M&A), Legal Services,Global, United States, Japan

https://www.goodwinlaw.com/en/news-and-events/news/2024/06/announcements-technology-ma-renesas-completes-acquisition-of-transphorm