Intel acquires Tower Semiconductor for $5.4 billion

16 February, 2022

Barak S. Platt and Ezra S. Gross represented Intel Corporation, in its mega-acquisition in Israel of Tower Semiconductor for approximately $5.4 billion.

The team included Josh Hauser, Idan Adar, Ben Sandler, Daniel Green, Dr. Eran Lempert, Eli Greenbaum, Shani Rapoport, Miriam Friedmann, Aharon (Roni) Osborne, Shai Margalit, Adam Spruch, Nir Kamhi, Chaim Cohen, Moshe Pasker, Leah Grumet , Basel Sader, Itay Ashkenazi, and interns Aviva Loboda and Roni Zemelman.

Tower semiconductors is a pillar of the Israeli tech landscape, and its addition to the Intel family will combine Intel’s leading-edge nodes and scale manufacturing with Tower’s specialty technologies and customer-first approach to deliver leading technology capabilities and increased value to customers into the future.

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