Simpson Thacher Represents TPG Capital and Riverwood Capital in Sale of Aptina, Inc. to ON Semiconductor for $400 Million
06.10.14
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Simpson Thacher is representing TPG Capital, Riverwood Capital and Aptina, Inc. in connection with the sale of Aptina, a global provider of imaging solutions, to an affiliate of ON Semiconductor Corporation (NASDAQ: ONNN) for approximately $400 million. The transaction is expected to close in the third quarter of 2014 and is subject to customary regulatory and other closing conditions.
The Simpson Thacher team includes: Kirsten Jensen, Michael Reeves, Erica Wilson and Linda Nyberg (M&A); Jeff Ostrow, Marcela Robledo and Michelle Morad (Intellectual Property); Judy Yan (Tax); Tristan Brown and Leah Segall (Executive Compensation and Employee Benefits); and Michael Naughton and Jordan Botjer (Antitrust). Associate Caroline Newton also provided valuable assistance.