Latham & Watkins Advises Meta in Acquisition of Rivos

Meta Platforms, Inc. (Nasdaq: META) has signed a definitive agreement to acquire Rivos™ Inc., a leader in high-performance and power-efficient server solutions built on RISC-V, to bolster its internal semiconductor development and control more of its infrastructure for artificial intelligence work.

Latham & Watkins LLP represents Meta in the transaction with a corporate deal team led by Bay Area partners Greg Roussel (Bay Area) and Saad Khanani (Bay Area), with associates Luke Blackett (Bay Area), Kevin Schunk (Bay Area), and Cameron Koob (Bay Area). Advice was also provided on compensation and benefits matters by partner Julie Crisp (LA), with associates Megan Ampe (LA) and Michelle Kim (LA); on intellectual property matters by partner Ghaith Mahmood (LA), with associates Andrew Abokhair (ATX), Jesse Kirkland (LA), and Gaby Forte (Bay Area); on data privacy and cybersecurity matters by partner Clayton Northouse (DC) and counsel Jennifer Howes (SD), with associates Calum Docherty (LO) and Austin Anderson (LA); and on tax matters by partner Grace M. Lee (Bay Area), with associate Gregory Conyers (Bay Area).