Link Legal advises L&T Technology Services (a listed entity and subsidiary of Larsen & Toubro) in the 100% acquisition of Graphene Semiconductor Services Private Limited (Graphene) for Rs 93 crore (about $12.9 mn) in cash.

Link Legal team undertook due diligence of Graphene and its subsidiaries, drafted and negotiated the transaction documents and assisted the clients in the execution process.

Graphene is a semi-conductor services design and consulting company, which had clocked in a revenue of Rs. 66.3 crore in fiscal 2018. The company has presence in India, Singapore, Taiwan, and Malaysia. It is headquartered in Bangalore and has an employee strength of about 500. Provides end-to-end solutions — chip design, embedded software, all the way through providing support to mass manufacturing, thereby being a one-stop service and solution provider.

Link Legal team comprised of Mr. Manish Gupta (Partner), Mr. Vinu Peter (Principal Associate), Mr. Pratyush Khurana (Principal Associate) and Ms. Anubhuti Bhardwaj (Associate).