Richard Climan
Partner
Silicon Valley

Biography
Richard E. Climan is a preeminent M&A lawyer who has
handled some of the most prominent and industrychanging acquisitions in the tech and life sciences
sectors over the past three decades. He has been
described as "one of the best legal minds in M&A" anda "gold-standard transactional lawyer." He is Global
Head of Hogan Lovells' Tech M&A practice and sits on
the firm's global Mergers & Acquisitions Leadership
Team.
Climan excels at negotiating and advising multinational
clients on all types of acquisition transactions andrelated matters. In Chambers USA, he has a Band 1
ranking, being described by clients as "the dean ofM&A," a “total star” and a “visionary.” He has beenrecognized by The National Law Journal as one of its
inaugural technology law Trailblazers and one of the100 Most Influential Lawyers in America. In seven of
the past ten years, he was named as one of the Top 100
Lawyers in California by the Daily Journal.
Since bringing the M&A group he leads to Hogan
Lovells, Climan has led many high stakes deals,
including Walmart’s ~ US$16 bn. cross-borderacquisition of a 77% stake in Flipkart and Marvell
Technology’s acquisition of publicly traded Inphi,
valued at ~ US$10 bn.
As an adjunct faculty member at UCLA School of Law
and a lecturer at UC Berkeley School of Law, Climan cotaught, with former Delaware Chief Justice Leo Strine, acourse titled "Real World M&A."

Phone+1 650 463 4074

Fax
+1 650 463 4199

Emailrichard.climan@hoganlovells.com

Practices
Mergers and Acquisitions
Corporate Governance and PublicCompany Representation
Joint Ventures
Securities and Public Company
AdvisoryIndustries
Technology and TelecomsLife Sciences and Health Care

Areas of focus
Public Company Mergers andAcquisitions
Cross-border Mergers andFor more than 25 years, Climan has been an active
member of the ABA Bus. Law Section's M&A
Committee, with over 5,000 members, serving as
Committee Chair from 2002 to 2006. He co-chairs theABA's annual Nat'l M&A Institute, now in its 26th year,
and is the former Chair of the Northwestern Securities
Regulation Institute, now in its 51st year. He is founding
Chair of the "Buyer Power Ratio" deal points study,
launched in 2017.
Climan lectures around the world on M&A-related
matters and has presented at Harvard, Columbia,Stanford, UC Berkeley, Duke and University of Virginia
law schools.

Representative experience
Lead outside counsel to Walmart in its pending ~US$2.3bn acquisition of VIZIO and its ~ US$16bn
acquisition of a majority stake in Flipkart.
Lead outside counsel to Marvell in its acquisition ofInphi in a transaction valued at ~ US$10bn.

Acquisitions
Hostile Takeovers and Takeover
DefenseSpecial Committee and Independent
Director Representations
Carve-outs, Spin-offs, and Split-offs

Education and admissions
EducationJ.D., Harvard Law School, cum laude,
1977
B.A., Harvard College, cum laude,1974

Bar admissions andqualifications
California

Lead outside counsel to Sovos Brands in its sale toCampbell in a transaction valued at ~ US$2.7bn.
Lead outside counsel to Marvell in its acquisition of
Cavium in a transaction valued at ~ US$6bn.
Lead outside counsel to Marvell in its acquisition of
Aquantia in a transaction valued at ~ US$450m.
Lead outside counsel to Synopsys in its acquisition ofBlack Duck Software in a transaction valued at ~US$565m.
Lead outside counsel to Synopsys in its acquisition ofWhiteHat Security in a transaction valued at ~US$330m.
Lead outside counsel to Illumina in its successful
defense against Roche's ~ US$6.2bn hostile takeover
attempt.*
Lead outside counsel to Sabre Corporation in its
acquisition of Radixx, valued at ~ US$110m.

Accolades"Richard Climan retains an enviable
position at the upper echelon of thecorporate market. He has animpressive track record acting intransformative transactions in thetechnology and life sciences sectors.
Clients say: 'There's nothing I canthrow at him that he hasn't seenbefore or hasn't a perspective on. He
takes the time to understand ourbusiness and gets to the crux of thebusiness issue.'"

Chambers USA

Lead outside counsel to Synopsys in its acquisition ofMagma Design Automation in a transaction valued at
greater than US$500m.*
Lead outside counsel to Brocade Communications in its
acquisition of Foundry Networks in a transaction
valued at more than US$2.5bn.
Lead outside counsel to Aspect Development in its saleto i2 Technologies in a transaction valued at ~US$9bn.*Lead outside counsel to Arterial Vascular Engineering inits sale to Medtronic in a transaction valued at greaterthan US$3.5bn.*
Lead outside counsel to Gilead Sciences in its
acquisitions of Myogen for ~ US$2.5bn and CV
Therapeutics for ~ US$1.4bn.*
Lead outside counsel in the sale of the Los Angeles
Dodgers to a buyout group led by Guggenheim
Partners for more than US$2bn.*
Lead outside counsel in the sale of Blackboard to a
private equity group led by Providence Equity Partners
for more than US$1.6bn.*
Lead outside counsel to Oracle in its acquisition ofResponsys for ~ US$1.5bn.*
Lead outside counsel to VeriFone in its sale to HewlettPackard in a transaction valued at greater than
US$1bn.*Lead outside counsel to Dell in its acquisition ofCompellent Technologies for ~ US$1bn.*
Lead outside counsel to Aspreva Pharmaceuticals in its
sale to Galenica Group in a transaction valued at ~US$915m.*
Lead outside counsel to SEQUUS in its sale to Alza in atransaction valued at ~ US$550m.*
Lead outside counsel to Arterial Vascular Engineering in
its acquisition of CR Bard's cardio catheter laboratory
business for ~ US$550m.*

Lead outside counsel to Alibaba.com in its acquisitionof Auctiva.*
Lead outside counsel to Gilead Sciences in its
acquisitions of Triangle Pharmaceuticals and Corus
Pharma.*Lead outside counsel to Ant Financial in its acquisitionof EyeVerify.*
Lead outside counsel to Onyx Pharmaceuticals in its
acquisition of Proteolix.*
Lead outside counsel to Twilio in its acquisition ofAuthy.*
Lead outside counsel to Raptor Pharmaceuticals in its
acquisition of the rights to Quinsair.*Lead outside counsel to Dell in its acquisition ofSecureWorks.*
Lead outside counsel to Recourse Technologies in its
sale to Symantec.*
Lead outside counsel to Bank of America Merrill Lynchand Barclays as financial advisors on various
acquisitions in the technology sector.**Matter handled prior to joining Hogan Lovells.

Awards and rankings
Hall of Fame, Lawdragon, 2023
Corporate M&A (International & Cross-Border)(USA), Chambers Global, 2024
Corporate/M&A (California – SF/SV & surrounding
areas), Band 1, Chambers USA, 2020-2023
M&A/Corporate and Commercial: M&A: Large Deals($1bn+), Leading Lawyer, Legal 500 US, 2023
Global Elite Thought Leader, Corporate Governance,
Who's Who Legal, 2024
Global Elite Thought Leader, M&A and Governance,
Who's Who Legal, 2023
Top 100 Lawyers in California, Daily Journal, 20102014, 2018-2022

M&A, Highly Regarded - State, IFLR1000, 2023
Pharmaceuticals and life sciences, Highly Regarded State, IFLR1000, 2023
Technology and telecommunications, HighlyRegarded - State, IFLR1000, 2023
100 Most Influential Lawyers in America, The
National Law Journal, 2006
Technology Law Trailblazer, National Law Journal,
2019
California Trailblazer, The Recorder, 2019
US Innovative Lawyers, Financial Times, 2011, 2017,2019
Legends of the 500, Lawdragon, 2015

Latest thinking and events
Hogan Lovells Events
Silicon Valley M&A ForumSponsorships and Speaking Engagements
2024 Annual National M&A InstituteAwards & rankings
Hogan Lovells' Northern California offices named
Bay Area Top Places to work by the San Francisco
Chronicle
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