Simpson Thacher represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and Lehman Brothers Inc., and co-managed by Bear, Stearns & Co. Inc., Needham & Company, LLC and Thomas Weisel Partners LLC, in the initial public offering of ordinary shares by SMART Modular Technologies (WWH), Inc., which closed on February 8, 2006.
The offering of 18,181,818 shares raised approximately $163.6 million and included the issuance and sale of 9,090,909 shares by SMART Modular Technologies (WWH), Inc. and the sale of 9,090,909 shares by its principal shareholders.
SMART Modular Technologies (WWH), Inc. is a leading independent designer, manufacturer and supplier of value added subsystems to original equipment manufacturers. Its subsystem products include memory modules, embedded computing subsystems and thin film transistor-liquid crystal display products which are offered to customers worldwide.
The Simpson Thacher team who worked on this offering included Bill Brentani, Deanna Chechile, Nilima Patel and Bianca Sierra, as well as Mark Lab and Sean Cotton (Blue Sky) and Elizabeth Saura (Paralegal).