Ed Batts is Global Co-Head of Orrick’s M&A and Private Equity group.

Ed, resident in the firm’s Silicon Valley office, regularly counsels publicly traded technology companies in complex mergers and acquisitions, corporate governance and cyber-security, including the following:

  • M&A: Fiduciary duty counseling of public boards, cross border transactions, tender offers and going private transactions.
  • Corporate Governance: Board matters and public reporting obligations, including activist investor situations, stockholder proposals and accounting related issues.
  • Cyber: Crisis management of significant cyber-security incidents as well as advice on regulators, plaintiffs and law enforcement.

Prior to joining Orrick, Ed was partner and co-chair of DLA Piper’s Northern California Corporate and Finance Practice.

Ed maintains a blog on public company matters, accessible at www.accruedknowledge.com.

  • Buy Side: Public Company Acquirers

    • NetApp (NTAP) in its US$870 million cash acquisition of SolidFire (2016), as well as acquisitions of the SteelStore business of Riverbed Technology (RVBD) (2014), Ion Grid (2013) and CacheIQ (2012)
    • Viavi Solutions (VIAV), formerly, JDS Uniphase (JDSU), in its spin-off into two separate public companies (Viavi Solutions and Lumentum Holdings) (2015), as well as various transactions, including its acquisition of Time-Bandwith Products AG of Switzerland (2014), US$650 million convertible debt offering (2013), acquisition of the network solutions test business of Agilent Technologies, Inc. for US$165 million in over 25 countries (2010) and in its divestiture of manufacturing assets in China to Sanmina-SCI Corporation (2009)
    • Barracuda Networks (CUDA) in its acquisition of Intronis (2015) and C2C Systems Limited (UK) (2014)
    • Synopsys, Inc. (SNPS) in its acquisition of Target Compiler Technologies NV (Belgium) (2014) and other matters
    • Booz Allen Hamilton (BAH) in the acquisition of Epidemico, Inc. (2014)
    • Extreme Networks (EXTR) in its US$180 million acquisition of Enterasys Networks (2013) and US$100 million issuer self-tender offer (2008)
    • ON Semiconductor Corporation (ONNN), formerly the Semiconductor Components Group of Motorola, in its acquisition of AMI Semiconductor (AMIS) (2007)

    Sell Side: Public Company Transactions

    • Applied Signal Technology (APSG) in its approximately US$500 million tender offer acquisition by Raytheon Company (RTN) (2011)
    • PHH Corporation (PHH) (formerly Cendant Mortgage) in the proposed acquisition, which was subsequently terminated, of its residential lending business by The Blackstone Group and its vehicle fleet leasing business by General Electric (2008)
    • Nestlé S.A. (Switzerland) and Dreyer's Grand Ice Cream Holdings, Inc. (DRYR) in the acquisition of Dreyer's stock not already owned by Nestlé and accompanying going private transaction (2006)

    Cross-Border: Foreign Listings Into the United States

    • OCZ Technology (OCZ) in its initial NASDAQ listing and delisting from AIM (2010) and its acquisition of Indilinx of South Korea (2011)
    • Velti plc (VELT), founded in Greece and organized under the laws of the Bailiwick of Jersey, in its initial and follow-on public offerings on NASDAQ and delisting from London's AIM market (2011) and the acquisitions of Mobclix, Inc. (2010) and Air2Web, Inc. (2011)

    Cross Border: Material National Security Transaction Components

    • Spectrum Signal Processing, Inc. (SSPI) (Canada) in its acquisition by Vecima Networks, Inc. (Canada), listed on the Toronto Stock Exchange, including approval by the Committee on Foreign Investment in the United States (CFIUS) and associated classified facility clearance matters with the Defense Security Service (DSS) (2007)
    • Polestar Applied Technology, Inc., in its acquisition by WorleyParsons (Australia), listed on the Australian Securities Exchange, including approval by CFIUS and associated classified facility clearance matters with DSS (2007)

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