Latham & Watkins Advises Cadence on the Acquisition of Secure-IC, a Leader in Embedded Security IP

Latham & Watkins has advised Cadence, a pivotal leader in electronic systems design, during the negotiations leading to a binding agreement to acquire Secure-IC, a French leading embedded security IP platform provider.

Cadence technologies, coupled with Secure-IC’s security solutions, will be fully equipped to address the growing complexities of embedded cybersecurity, ensuring robust solutions for the ever-evolving challenges of connected systems on a global level.

The transaction is expected to be completed in the first half of 2025, subject to customary applicable regulatory approvals being obtained.

The Latham team was led by Bay Area corporate partner Mark Bekheit and Paris corporate partner Pierre-Louis Cléro, with associates Julia Lefevre and Mya Lemseffer. Advice was also provided on FDI matters by Paris partner Charles-Antoine Guelluy, on IP and commercial contracts matters by Paris partner Jean-Luc Juhan with associate Daniel Martel, on tax matters by Paris partner Olivia Rauch-Ravisé, and Bay Area partner Grace Lee, with associate Clémence Morel, and on employment matters by Paris partner Matthias Rubner with associate Yanis Gaoua.