Fenwick & West LLP represented Advanced Micro Devices, Inc. (NYSE: AMD) in the spin-off of its flash memory business. The new company, Spansion Inc. (Nasdaq: SPSN) raised over $500 million during its IPO on Friday, December 15, 2005. AMD is retaining a 40% interest in Spansion; memory partner Fujitsu will hold a 20% interest.

Details of the transaction are available on the Spansion website

The Fenwick & West tax team included partner David Forst and associate Andy Kim.

About Fenwick & West

Fenwick & West provides comprehensive legal services to high technology and life sciences clients of national and international prominence. The Fenwick & West Tax Group is one of only seven law firm tax groups in the United States to receive the First Tier rating by International Tax Review for 2006.


Don’t have an account yet?