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Friday 11 May 2018

Ronan Daly Jermyn represents SensL Technologies on its acquisition by ON Semiconductor

 

Ronan Daly Jermyn advised SensL Technologies on its acquisition by ON Semiconductor (Nasdaq: ON). The acquisition solidifies ON Semiconductor as a leader in sensing solutions for autonomous driving and ADAS applications, with a comprehensive portfolio of imaging, radar, ultrasound and LiDAR technologies. ON Semiconductor will combine SensL tech with previously purchased radar technology and design centers in Israel and the United Kingdom to provide more comprehensive solutions for autonomous vehicles and image sensing and ultrasonic park assistance.

RDJ were a fantastic partner on the sale. Their team of lawyers led by Gillian Keating and Sean O’Reilly gave us the confidence to keep moving forward with the transaction knowing we were getting excellent legal advice with a real commercial focus” said Bryan Campbell,  Chief Executive Officer at SensL Technologies. “They understood our business and the strategic importance of the deal.

SensL, based in Cork, is a technology leader specializing in Silicon Photomultipliers (SiPM), Single Photon Avalanche Diode (SPAD) and LiDAR sensing products for automotive, medical, industrial and consumer markets.

Corporate partners Gillian Keating and Sean O’Reilly led the RDJ deal team, assisted by partner JP Gilmartin. Advices on tax aspects were provided by partner John Cuddigan.

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