Andrew L. Foster
Bio
Mr. Foster is regularly recognized as a leading competition lawyer in Chambers Global, Chambers Asia Pacific, Chambers Greater China, Global Competition Review, The Legal 500, IFLR1000 Asia Pacific, Lawdragon and Lexology Index: Competition. He has also published widely on international competition issues and is a frequent speaker at conferences and symposia worldwide.
Mr. Foster’s recent experience includes:
- onsemi in its US$7 billion acquisition of Synaptics Inc. with respect to its Physical AI integrated circuits
- Skyworks Solutions, Inc. in its merger with Qorvo, Inc. at an enterprise value of US$22 billion
- Axcelis Technologies, Inc. in its US$4.4 billion merger with Veeco Instruments Inc. with respect to semiconductor manufacturing equipment
- KONE Corporation in the Asia Pacific merger control aspects of its US$34.4 billion acquisition of TK Elevator GmbH, from a consortium led by Advent International, L.P. and Cinven Limited (A/C)
- Activision Blizzard Inc. (U.S.) in its US$75 billion acquisition by Microsoft Corporation. This is the largest-ever technology deal and the largest-ever gaming industry deal
- Mars, Incorporated in its US$35.6 billion acquisition of Kellanova. This transaction is the largest buyout in the packaged food industry to date
- Berry Global Group, Inc. in its US$37 billion acquisition by Amcor plc (Switzerland)
- Juniper Networks, Inc. (U.S.) in its US$14 billion acquisition by Hewlett Packard Enterprise
- Ansys, Inc. (U.S.) in its US$35 billion acquisition by Synopsys, Inc.
- Splunk Inc. (U.S.) in its US$28 billion acquisition by Cisco Systems, Inc.
- TikTok, Inc. (U.S.) in its US$1.5 billion strategic partnership with PT GoTo Gojek Tokopedia Tbk
- Jabil Inc. (U.S.) in the US$2.2 billion sale of its mobility business to BYD Electronic (International) Company Limited
- Axiata Group (Malaysia) in Celcom Axiata’s US$12 billion merger with Digi, a subsidiary of Telenor Asia. This is the largest-ever telecoms transaction in Malaysia
- Grab Holdings Inc. (Singapore) in its US$40 billion merger with Altimeter Growth Corp. As a result of the merger, Grab became a publicly traded company in the largest-ever de-SPAC transaction globally and the largest-ever U.S. equity offering by a Southeast Asian company, with PIPE proceeds of US$4.04 billion
- SK Hynix Inc. (South Korea) in its US$9 billion acquisition of the NAND memory and storage business of Intel Corporation
- Xilinx, Inc. (U.S.) in its US$35 billion acquisition by Advanced Micro Devices, Inc.
- Cisco Systems, Inc. (U.S.) with certain antitrust and regulatory aspects of its US$2.6 billion acquisition of Acacia Communications, Inc.
- Red Hat, Inc. (U.S.) in its US$34 billion acquisition by International Business Machines Corporation
- Hewlett Packard Enterprise (U.S.) in its US$1.3 billion acquisition of Cray Inc.
- Rockwell Collins, Inc. (U.S.) in its US$30 billion acquisition by United Technologies Corp.
- Cavium Inc. (U.S.) in its US$6 billion acquisition by Marvell Technology Group Ltd.
- E. I. du Pont de Nemours and Company (U.S.) in its combination with The Dow Chemical Company in an all-stock merger of equals with an announced value of US$130 billion
- EMC Corporation (U.S.) in its US$67 billion acquisition by Denali Holding Inc., the parent company of Dell Inc.
- NXP Semiconductors N.V. (the Netherlands) in its proposed (but terminated) US$47 billion acquisition by Qualcomm Incorporated
Mr. Foster also has experience in obtaining conditional immunity with the European Commission and other competition law agencies, and has substantial experience representing clients in Article 101 and 102 investigations, as well as U.S. private litigation and class action matters.
He has also successfully navigated complex cartel cases and investigations related to monopolization and dominance, frequently working in close collaboration with regulatory authorities to ensure the best outcomes for his clients.
Credentials
Education
- LL.M., University of Edinburgh, 2005 (with distinction)
- J.D., University of Michigan Law School, 2004 (Clarence Darrow Scholar; cum laude)
- B.A., Yale University, 1999
Admissions
- Hong Kong
- New York