Bird & Bird advises Semtech on the sale of Idosens to WIKA Alexander Wiegand SE & Co KG (“WIKA”).
International law firm Bird & Bird's French Corporate team has advised Semtech France on the sale of its stake in Idosens, an Internet of Things (“IoT”) company with offices in Meylan, to WIKA.
Semtech is a publicly traded (NASDAQ) leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial end-markets.
With nearly 60 years of experience and 32 worldwide locations, Semtech enables, through its advanced technology, mission critical applications for IoT, network infrastructure and portable devices within industry's fastest growing markets: smarter planet, higher bandwidth and connectivity, greater mobility.
WIKA is worldwide leader in pressure and temperature measurement, level and flow measurement, and in calibration technology, with a EUR 834m turnover and over 9,300 highly qualified employees located in more than 40 countries.
The Bird & Bird team advising Semtech comprised: partner David Malcoiffe and associate Elodie Crost in the Corporate group.
The co-founders of Idosens were advised by Delsol: partner Henri-Louis Delsol and associates Anne-Sophie Hartog and Martin Souyri.
WIKA was advised by Rödl & Partner: partner Nicola Lohrey and associates Anne-Sophie Hebras and Léa Brecht.