April 3, 2009 (Mountain View, CA) – Fenwick & West LLP represented hi/fn, inc. ("Hifn") (NASDAQ: HIFN), a provider of the key OEM ingredients for 21st century storage and networking environments, in its acquisition by Exar Corporation (NASDAQ: EXAR). The successful completion of the exchange offer for Hifn shares was announced today and Exar has acquired all remaining outstanding Hifn shares by short-form merger. Details of the transaction are available on the Hifn Web site: http://www.hifn.com.

The Fenwick & West transaction team was led by David Healy and included corporate attorneys Andrew Luh, Horace Nash, Rob Ricca, Cara Kitagawa, Abraham Zuckerman and Aaron Sokoloff; technology transactions attorneys Larry Granatelli, Mark Ostrau, Spencer Glende, Chris Joslyn, Morgan Fong and Robin Schulman; executive compensation and employee benefits attorneys Blake Martell and Gerald Audant; tax attorneys Ron Schrotenboer and Timothy Fitzgibbon, and securities litigation attorneys Jay Pomerantz, Emmett Stanton, Carlos Orellana and Marie Bafus.