Latham & Watkins Advises Cadence Design Systems in Acquisition of Future Facilities
Cadence Design Systems, Inc. (Nasdaq: CDNS) has announced that it has entered into an agreement to acquire Future Facilities, a leading provider of electronics cooling analysis and energy performance optimization solutions for data center design and operations using physics-based 3D digital twins. The addition of Future Facilities’ technologies and expertise supports the Cadence® Intelligent System Design™ strategy and enables companies to make informed business decisions about data center design, operations, and lifecycle management that reduce their carbon footprint.
Latham & Watkins LLP represents Cadence in the transaction with a cross-border corporate deal team led by Bay Area partner Mark Bekheit and London partner Shing Lo, with London associates Kit Adamson and Harrison Hutchinson and Bay Area associate Melinda Vanderburg. Advice was also provided on employment matters by London partner Sarah Gadd, Bay Area partner James Metz and Chicago partner Nineveh Alkhas, with London associate Jenny Tholen, Bay Area associate James Robinson and Chicago associate Laura Waller; on real estate matters by London partner Neil Ferguson, with London associate Caroline Taylor; on data privacy, intellectual property and commercial matters by London partners Fiona Maclean and Deborah Kirk, with London associates Ami Sodha and Timothy Neo; on tax matters by London partner Karl Mah and Chicago partner Rene de Vera, with tax lawyer Amy Watkins; on trade exports and compliance matters by Washington, D.C. counsel Ruchi Gill, with Boston associate Matthew Crawford; on anti-bribery and corruption matters by London partner Nathan Seltzer, with London associates Clare Nida and Kyle Skinner; on antitrust and regulatory matters by London associates Stephanie Adams and Nadeem Brora; and on Japanese corporate, real estate and employment matters by Tokyo partner Hiroki Kobayashi, with Tokyo associate Marina Yamashita.