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Hermes Microvision sold to ASML for NT$100 billion (US$3.1 billion)

November 2016

Client(s) Hermes Microvision, Inc.

Jones Day advised Hermes Microvision, Inc. on its sale to ASML Holding NV (ASML: NASDAQ) in an all cash transaction valued at approximately NT$100 billion (US$3.1 billion). The two companies are leaders in their respective fields and are already developing joint approaches that IC manufacturers can use to improve yields in the production of the most advanced microchips.

The transaction, which was unanimously approved by the board of directors of ASML and HMI, entitles each HMI shareholder to receive NT$1,410 (US$43.50) per share in cash. The price per share reflects a premium of 31 percent over HMIs 30-day volume-weighted average price (VWAP).

In addition to M&A representation, Jones Day provided antitrust and CFIUS advice regarding this transaction.

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