Keith FlaumPartner
Silicon Valley

Biography
Keith Flaum is a leading M&A lawyer with more than
30 years of experience representing publicly traded andprivately held companies in domestic and cross-bordermerger and acquisition transactions and complex jointventures, with a particular emphasis on representing
information technology and life sciences companies. He
is a trusted adviser to boards of directors and special
committees in the M&A context. Keith serves as thefirm’s Co-Head of M&A for the Americas and amember of the firm’s Global M&A Leadership Team.

Phone

Keith's recent experience includes more than US$100
billion of M&A activity for some of the world's top
technology companies, handling groundbreaking deals
throughout the United States, Europe, Asia, the Middle
East, and elsewhere.

Mergers and Acquisitions
Communications, Internet, andMedia
Corporate Governance and PublicCompany Representation
HealthIP and Technology Transactions
Joint Ventures
Medical Device and Technology
Regulatory
Pharmaceuticals and Biotechnology
Regulatory
Securities and Public Company
Advisory

Legal guides consistently recognize Keith as one of thetop legal minds in M&A. Chambers USA ranks him in
their highest tier, Band 1, for California
Corporate/M&A. Who's Who Legal names Keith as aThought Leader in M&A and Corporate Governance inthe U.S. In 2021, the LMG Life Sciences Guide deemed
him a "Life Sciences Star." In 2020, the Daily Journal
named him one of the top 100 lawyers in California. In
2016, The National Law Journal named him a"Trailblazer" in M&A. Law360 has recognized him asboth a "Technology MVP" and "M&A MVP."
Keith has been actively involved for more than 15 years
in the M&A Committee of the ABA's Section ofBusiness Law, including as Vice Chair of the Committee,+1 650 463 4084

Fax
+1 650 463 4199

Emailkeith.flaum@hoganlovells.com

Practices

Industries

Chair of the Market Trends Subcommittee, Co-Chair ofthe International M&A Subcommittee, and a memberof the Subcommittee on Acquisitions of PublicCompanies.

Representative experience
Oracle on its US$28bn acquisition of Cerner
Corporation.
Meta / Facebook on its US$16bn acquisition ofWhatsApp.*
Sovos Brands on its acquisition by Campbell in a deal
valued at US$2.7bn.
Equifax on its $US596m acquisition of Boa Vista
Serviços in Brazil.
Special committee of the board of directors of NGM
Biopharmaceuticals in its pending sale to affiliates ofThe Column Group, LP in a going-private transaction
valued at US$135m.
The Anschutz Corporation in respect of the US$5.8bnacquisition of Regal Entertainment Group by Cineworld
Group plc.
Zendesk on its US$4bn acquisition of Momentive,
owners of the iconic SurveyMonkey platform(terminated).
Wise Road Capital on its US$1.4bn acquisition of
Magnachip Semiconductor (terminated).
Autodesk on its US$1bn acquisition of Innovyze.
Jazz Pharmaceuticals on its US$1bn acquisition ofGentium S.p.A.*
Merz Pharma on its acquisitions of BioForm, Ulthera,
OnLight Sciences, Neocutis, and the sale of its medical
dermatology business to Sebela Pharmaceuticals.*
Oracle on its acquisitions of NetSuite, MICROS
Systems, Taleo Corporation, Acme Packet, Inc., Aconex
Limited, Eloqua Inc., Textura Corporation, and Opower,
Inc. for >US$20bn.*

Life Sciences and Health Care
Technology and Telecoms

Areas of focus
Buy Outs
Buy-ins and Buy-outs
Carve-outs, Spin-offs, and Split-offs
Corporate Group Structures
Cross-border Mergers andAcquisitions
Exits
Governance
Hostile Takeovers and Takeover
DefenseM&A and Tax
M&A, Business Transfers, andRestructuring in Financial Services
Infrastructure/Energy M&A and
Joint Ventures
Medical Devices
Proxy Solicitations, Shareholder
Meetings, and Shareholder
Proposals
Public Company Mergers andAcquisitions
Shareholder Activism
Special Committee and Independent
Director Representations

Education and admissions
Education
J.D., University of California, Davis
School of Law, 1989

Reid Hoffman, founder and controlling stockholder ofLinkedIn, in LinkedIn's acquisition by Microsoft for
US$26.2bn.*

B.A., University of California, Los
Angeles, 1986

Chewy, Inc. in its US$3.3bn sale to PetSmart in what isreported to be the largest e-commerce deal ever.*Bar admissions andqualifications

Varian Medical/Varex Imaging Corporation on its
purchase of PerkinElmer’s medical imaging businessfor US$276m.*

California

XenoPort in its US$446.6m sale to Arbor
Pharmaceuticals.*

Accolades

zulily, inc. in its US$2.4bn sale to Liberty InteractiveCorporation.*
Applied Materials on its acquisitions of Kokusai Electric
Corporation (US$3.5bn) (terminated) and Varian
Semiconductor Equipment (US$4.9bn),* and its merger
with Tokyo Electron (US$29bn) (terminated).
Illumina on its successful defense of Roche's US$6.2bn
hostile takeover attempt.*
Rosetta Stone on its US$792m sale to Cambium
Learning Group.
eBay on its acquisitions of GSI Commerce forapproximately US$2.4bn, GittiGidiyor (Turkey), andBrands4Friends (Germany).*
eBay in its sale of a majority interest in Skype for
US$1.9bn and its enterprise business to Sterling
Partners and Permira for US$925m.*
RF Micro Devices on its US$1.6bn merger of equals
with TriQuint Semiconductor.*
Riverbed Technology on its acquisition of OPNET
Technologies for US$1bn, as well as its acquisitions ofZeus Technology in the United Kingdom and Aptimze in
New Zealand.*Opera Software on its acquisitions of companies in
Brazil, Turkey, Canada, Argentina, and numerous
acquisitions in the United States.*
PayPal in its joint venture with SOFTBANK relating toonline payment technology in Japan.

"[A] source said: 'Climan and Flaumare a destination practice.
Everywhere they go their businesswill go with them, so to me they're
the top of the field... Flaum is 'great
technically, as well as businesspractical enough to know the realconcerns.'"

Chambers, 2013
"Keith Flaum at Hogan Lovells US isconsidered a go-to by technology
companies around the world for his
leading expertise in M&A matters."

Who's Who Legal, 2020
"Keith Flaum is an 'exceptionallytalented guy' who clients call 'our
first choice.'"Chambers, 2011
"Keith Flaum is by far the best M&Alawyer (and actually best lawyer)
I've ever worked with. He
understands the nuances of mybusiness, and I can always count on
him to provide excellent advice. He
knows what is relevant, and equallyZynga in its joint venture with SOFTBANK relating toonline gaming in Japan and its acquisition of Unoh inJapan.
*Matter handled prior to joining Hogan Lovells.

Awards and rankings
Corporate M&A (International & Cross-Border)(USA), Chambers Global, 2017-2024
Corporate/M&A: The Elite (California – SF/SV &surrounding areas), Band 1, Chambers USA, 20202023
Corporate/M&A (Northern California), Chambers
USA, 2003-2019
M&A/Corporate and Commercial: M&A: Large Deals($1bn+), Leading Lawyer, Legal 500 US, 2018-2023
Global Elite Thought Leader, M&A, Who's Who Legal,2023
USA Thought Leader, M&A and Corporate
Governance, Who's Who Legal, 2023
Global Leader, Corporate Governance, Who's WhoLegal, 2023
M&A, Highly Regarded, IFLR1000, 2023
Technology and Telecommunications, HighlyRegarded, IFLR1000, 2023
Leading Life Sciences Lawyer, LMG Life Sciences,2021
Legends of the 500, Lawdragon, 2021
Mergers and Acquisitions Law, Best Lawyers inAmerica, 2006-2021
Top 100 Lawyers in California, Daily Journal, 2015,2019-2020
Acritas Star, Acritas Stars Independently Rated
Lawyers, 2019-2020
Life Science Star, LMG Life Sciences Guide, 2016,2018-2019

important, what we don't need tospend time on. If I have a bet-thecompany deal in the works, Keith ismy guy, hands down. He doesn't
just look at the legal aspects of thedeal. He puts it in the context of how
it ties to our business' growthstrategy and what it will mean inreal terms for the company and its
shareholders. In my opinion, Keith isthe best in the market – he's a totalrock star."

Legal 500, 2020
"Keith Flaum receives high praisefrom clients as 'simply one of thebest M&A attorneys out there. Hehas the keen ability to be efficientwith his time, is clear in hiscommunications, and is quick tosuggest practical solutions to openissues. He also does his homework
regarding the subtle nuances of thechanging M&A environment.'"

Legal 500, 2009
"Keith is by far the best M&A lawyer
with whom I have ever worked. He
really understands my business andprovides invaluable advice."

Chambers USA

Healthcare: Life Sciences, Legal 500 US, 2018
Trailblazer in M&A, The National Law Journal, 2016
Technology MVP, Law360, 2013, 2015-2016
M&A MVP, Law360, 2014

Latest thinking and events
Hogan Lovells Events
Silicon Valley M&A Forum
Awards & rankings
Hogan Lovells' Northern California offices named
Bay Area Top Places to work by the San FranciscoChronicle
Insights and Analysis
Masters of mock negotiation | M&A heavyweights
Rick Climan and Keith Flaum go head-to-head
Hogan Lovells and Transaction Advisors Institute
Hogan Lovells Events
M&A Boot Camp training series
Insights and Analysis
Hogan Lovells 2024 M&A Outlook
Hogan Lovells Events
Silicon Valley M&A Forum