Aricent Inc, a US-based company providing software and engineering services, has acquired Bangalore-based chip design services company SmartPlay Technologies for 1,100 crore ($180 million)..Nishith Desai Associates acted as domestic legal counsel for Aricent while Simpson Thacher & Bartlett LLP acted as international counsel..The Nishith team was led by Partner Vaibhav Parikh; Rajesh Simhan, Head International Tax; Sangeeta Rana, co-head Bangalore office along with Prasad Subramanyan and Vandana V while the Simpson team was led by Partner Mark Pflug..Tatva Legal with a team led by Partner Dilip N.K. along with Rashmi Talukdar advised SmartPlay while Partner Armando Castro from Pillsbury Winthrop acted as their U.S counsel..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
