Debevoise & Plimpton LLP is advising J.P. Morgan Securities LLC as financial advisor to Magnachip Semiconductor Corporation (NYSE: MX), in Magnachip’s agreement to be acquired by investment vehicles established by Wise Road Capital LTD and certain of its limited partners. The all-cash transaction has an equity value of approximately $1.4 billion. For more information, please see Magnachip’s press release.

Magnachip is a South Korean designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. Wise Road is a global private equity firm that invests in leading technology companies.

The Debevoise team is led by M&A partners Michael Diz and Sue Meng and includes associates Lunar Mai and Dominique Trudelle.