Fenwick & West represented Energous Corporation (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free charging technology that provides over-the-air power at a distance, in its strategic partnership with Dialog Semiconductor plc (XETRA: DLG), a provider of highly-integrated power management, AC/DC power conversion, solid state lighting (SSL) and Bluetooth® low-energy (LE) technology.
Dialog has agreed to make a strategic $10 million investment in Energous and become the exclusive component supplier of the WattUp technology, while Energous is able to leverage Dialog’s broad sales and distribution channels to accelerate market adoption. More information about Energous’ strategic partnership with Dialog can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers Mark Leahy, Horace Nash, Debbie Li and Can Sun; and intellectual property lawyer Mark Ostrau.