Sidley advised MIPS Holding, Inc., a leading designer, developer, and supplier of processor architectures for artificial intelligence applications, in its merger with an affiliate of GlobalFoundries (Nasdaq: GFS), a premier global semiconductor manufacturer. This strategic combination brings together MIPS’ decades of innovation in processor IP development with GlobalFoundries’ advanced manufacturing capabilities, enhancing both companies’ ability to meet the surging demand for secure, power-efficient physical AI platform infrastructure. MIPS will continue to operate as a standalone business, partnering across diverse process technologies, foundry networks, and ecosystem alliances.
The Sidley team was led by Vijay S. Sekhon (M&A and Private Equity) and included Peiyu Yu and Jackson C. Drolet (M&A and Private Equity); Vadim Brusser, Ken Daly, Mary K. Marks, and Miriam Carroll Silvestri (Antitrust and Competition); Eric Schwartz and Alyssa A. Hartley (Commercial Litigation and Disputes); Idan Netser and David Chriki (Emerging Companies and Venture Capital); Eric S. Wolf and Elizabeth T. Burns (Employee Benefits and Executive Compensation); Sven De Knop, Jen Fernandez, James Mendenhall, Alessandra Moroni, and Laura Verbeken (Global Arbitration, Trade, and Advocacy); Eric Kauffman and Emily M. Wajert (Labor and Employment); Lauren Kitces and Stephanie Y. Lim (Privacy and Cybersecurity); Sam Newman and Genevieve G. Weiner (Restructuring); Rachel D. Kleinberg and Jonathan M. Westreich (Tax); and Stephen M. Fronk, Lauren G. Grau, Dusan Clark, and Paul Kariyawasam (Technology and Life Sciences Transactions).
