Mayer Brown announced that it advised Eugene Technology, a South Korea-based semiconductor manufacturing equipment company, on its acquisition of the California-based atomic layer deposition (ALD) and chemical vapor deposition (CVD) businesses of Aixtron, Inc. The transaction received clearance from the US government’s Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments for any risks to US national security.

The Mayer Brown team was led by California-based Corporate & Securities partner Paul de Bernier and associate Stephanie Hurst and included lawyers from the firm’s Corporate & Securities, Employment & Benefits, Intellectual Property, International Trade, Litigation & Dispute Resolution and Real Estate practices in Chicago, Los Angeles, New York and Washington DC. CFIUS matters were led by Washington DC-based International Trade partner Timothy Keeler with support from associate Mickey Leibner.