On April 6, 2020, MaxLinear, Inc., a leading provider of radio frequency and mixed-signal integrated circuits for broadband communications, announced that it had entered into a definitive agreement with Intel Corporation to acquire Intel’s Home Gateway Platform Division assets in an all-cash, asset transaction valued at $150 million. Wilson Sonsini Goodrich & Rosati is advising MaxLinear in the transaction.

Intel’s Home Gateway Platform Division comprises Wi-Fi Access Points, Ethernet, and Home Gateway SoC products deployed across operator and retail markets. The acquisition will enable MaxLinear to complement its existing portfolio, joining a complete and scalable platform of connectivity and access solutions for its customers. The transaction is expected to close in the third quarter of 2020, subject to customary closing conditions, including regulatory approvals.

The Wilson Sonsini team advising MaxLinear includes the following attorneys:

Corporate
Rob Kornegay, Partner

M&A
Robert Ishii, Partner
Brian Keyes, Partner

Corporate Finance
Dana Hall, Partner
John Mao, Partner

Technology Transactions
Manja Sachet, Partner
Chi-Fei Wang, Associate

Employee Benefits & Compensation
Scott McCall, Partner
Jessica Bliss, Of Counsel

Employment Law
Matt Gorman, Associate

Regulatory
Josephine Aiello LeBeau, Partner

Privacy
Matt Staples, Partner

Tax
Gregory Broome, Partner

Please see MaxLinear’s press release for more information.