Akin Gump Advises Foxconn Technology Group in Acquisition of SMART Technologies

(Irvine, Calif.) – SMART Technologies Inc., a leading provider of collaboration solutions, and Foxconn Technology Group (Foxconn) have entered into an arrangement agreement under which Foxconn has agreed to acquire all of the outstanding common shares of SMART Technologies for a cash payment of $4.50 per common share. Akin Gump advised Foxconn in the matter. The arrangement agreement is subject to customary conditions for a transaction of this nature.

Paul Lin and Carlos M. Bermudez, partners in Akin Gump’s corporate practice, led the team advising Foxconn.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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