Divestitures – An Interactive Discussion on Strategy & Implementation
Wednesday, December 07, 2016
Location: Applied Materials
3225 Oakmead Village Dr.
Santa Clara, CA 95054
Silicon Valley has seen a recent surge of large combinations and divestitures as industries adapt in response to new competitive demands. Approximately 70% of M&A deals are reputed to fail to achieve their goals as a result of poor planning or integration.
Our ACGSV panel of experts will lead a discussion on pre-closing divestiture planning and post-closing integration matters and relevant financial and market considerations. The interactive discussion will enable buyers and sellers to learn from the experiences and practices of the panelists and other forum participants.
Our Distinguished Panel
Vice President Information Technology
Mark J. Grimse joined Rambus in March of 2005. Mark is responsible for Rambus’ global information technology strategic direction and execution. At Rambus, Mark initiated and implemented a global application architecture, established a company-wide structured acquisition integration methodology, and expanded IT globally to support the worldwide business. Additionally, Mark spearheaded the improvement of their in-room meeting experience to improve collaboration and his team is now enhancing the engineering environment to increase product development throughput.
Prior to Rambus, Mark led IT at All Covered, where he converted IT from an overhead department to a profit center and led the company’s transition into managed services. Previously, Mark held senior operations and product
management jobs at Internet companies. He was also at Apple Computer Inc. for 12 years in a variety of senior information systems management positions.
Mark currently sits on the advisory board for the Fisher Information Technology Center at the University of California, Berkeley and is also the Chairman for the Fisher Silicon Valley CIO Roundtable. Additionally, he was named a San Francisco Bay Area Finalist for Best CIO from a Public Company from the San Francisco Business Times and the Silicon Valley/San Jose Business Journal. Mark holds a Bachelor of Science degree in Applied Mathematics from Ferris State University.
Senior Director, Corp. Dev.
Blue Coat Systems (recently acquired by Symantec)
Todd Manley leads M&A and integration activities as a Senior Director, Corporate Development at Blue Coat (recently acquired by Symantec). He has over 20 years of experience with startups and large multi-national companies in Silicon Valley.
Prior to joining Blue Coat, Todd worked at HP Enterprise on multiple deals and integrations and spent time at RGP helping build their M&A services business and consulting to clients in Northern California. Previous experience includes Cisco where he was focused on M&A integration and leading global teams. Not a stranger to the entrepreneurial side of Silicon Valley, Todd worked with WebEx Communications and Postini to build the underlying business application foundation to fuel their corporate growth.
Todd holds a BA degree from Stanford University and a MBA from Santa Clara University.
Managing Director & Head of West Coast M&A
Needham & Company, LLC
Gunjeet Baweja joined Needham & Company in 2007 and currently heads West Coast M&A. Since joining Needham in 2007, Gunjeet has completed over a hundred transactions including complex M&A sell-side and buy-side advisory assignments for public and private companies. Gunjeet has transaction execution expertise and deep domain technology knowledge gained over 18 years of experience in
investment banking and high-technology.
Gunjeet started his investment banking career at SoundView in 2000, and then at Instream Partners, working on transactions in the technology space. For seven years prior to that, he worked at Intel Corporation, where he held positions in strategic marketing and microprocessor design.
Gunjeet holds ten patents from his work in design at Intel. He received his BE in Electronics Engineering from M.S. University, India, an MS in Electrical Engineering from Virginia Tech, and graduated with Highest Distinction, Beta Gamma Sigma, from University of California, Berkeley, with an MBA, concentration in finance.
Deloitte Consulting, Human Capital Technology Sector Leader
Eileen Fernandes is a Principal in Deloitte’s Human Capital M&A practice and she is Deloitte Consulting’s Bay Area Managing Director. In addition, she leads the Technology Sector for Human Capital, working with many Bay Area technology companies. She joined Deloitte in 1997 and has more than 30 years of experience in people management and human resources strategy development and implementation for organizations undergoing large transformations and a change of ownership including mergers, acquisitions and divestitures. Eileen also assists clients with the strategic development and delivery of integrated communications to internal and external audiences. During her tenure in Deloitte’s M&A practice, Eileen has focused on organizational design, workforce transition, HR functional integration, employee experience, change management, culture and communications. She has served clients including: Agilent, Applied Materials, Cisco, eBay, Electronic Arts, HP, Intel, Keysight, LG Electronics, Salesforce, and T-Mobile.
Eileen holds a BA in Journalism and Mass Communications from San Jose State University.
Sr. Dir., Legal, Corp. Bus. Dev.
Michael Clifton-Harter is currently Senior Director, Legal for Corporate Business Development at Applied Materials. He joined Applied in 2011 and is internal deal counsel for mergers, acquisitions and divestitures and provides legal support for integration activities. Mike has over 13 years of experience in representing public and private technology, entertainment and life sciences companies in a variety of domestic and cross-border mergers, stock and assets acquisitions and divestitures.
Prior to joining Applied, Mike was an associate at Dewey Ballantine (later Dewey & LeBoeuf) and O’Melveny & Myers.
Mike holds a Bachelor of Science in Business Administration – Finance from the University of Arizona and a Juris Doctor from Loyola Law School.
Our Distinguished Moderator
Nick O’Keefe is an M&A Partner in Kaye Scholer’s Silicon Valley office. He has over 20 years of corporate law and M&A experience, with an emphasis on buy-side and sell-side work and takeover defense, including domestic and cross-border deals. His clients include public and private strategics, private equity funds, sovereign wealth funds and financial advisors.