Bird & Bird's London corporate team advised ARM, the world's leading semiconductor IP company, on its strategic investment in Blu Wireless Technology Ltd (BWT). ARM designs microprocessors, physical intellectual property and related technology, and sells development tools to deliver the intelligence in applications ranging from sensors to servers, including smartphones, tablets, enterprise infrastructure and the internet of things. BWT is a supplier of semiconductor and system IP for mmWave and high bandwidth wireless communications markets.
ARM's investment in BWT is anticipated to help ARM's partners get to market faster with mmWave-compliant products and help accelerate the rollout of 5G networks.
This transaction is another example of Bird & Bird's marketing-leading venture capital group's track record in advising some of the world's most innovative companies on their strategic transactions. Shing Lo (Partner, London) led the Bird & Bird team with assistance from associate Richard Bloomfield (Corporate). The Bird & Bird team also included Tom Snaith (IP Partner), William Bryson (Commercial Associate) and Kate Hurn (Employment Associate).