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Boyanov & Co and CMS Advise on Globalfoundries Acquisition of Smartcom’s PDK Engineering Team

Boyanov & Co and CMS Advise on Globalfoundries Acquisition of Smartcom’s PDK Engineering Team

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Boyanov & Co has advised Globalfoundries on its acquisition of the Process Design Kit‘s engineering team from Smartcom Bulgaria AD in Sofia. CMS Sofia advised the sellers.

According to Boyanov & Co, “the Process Design Kits are the critical interface between a company’s integrated circuit design and the semiconductor fabrication plants, which manufacture the clients’ chip products. Since 2015, Smartcom has supported GF’s PDK development and quality assurance for platform technologies spanning from 350nm to 12nm.” According to the firm, "under the terms of the acquisition, GF has acquired Smartcom’s PDK development team of more than 125 employees."

The Boyanov & Co team included Partner Yordan Naydenov and Senior Associates Borislav Notovsky and Violeta Kirova.

The CMS team included Partner Dimitar Zwiatkow and Associates Ivan Gergov and Marin Safarov.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.