Gowling WLG advises Foxconn Technology Group on US$60-million acquisition of SMART Technologies

14 September 2016

On September 14, 2016, Foxconn Technology Group (Foxconn), a subsidiary of Hon Hai Precision Industry Co., Ltd (Hon Hai), completed its US$60-million acquisition of SMART Technologies Inc. (SMART) pursuant to a plan of arrangement under the Business Corporation Act (Alberta).

Foxconn manufactures and markets consumer electronics and operates as a subsidiary of Hon Hai, an electronics contract manufacturer headquartered in Taiwan.

SMART is a leading provider of education and business collaboration solutions.

Gowling WLG advised Hon Hai with a Stuart Olley-led team that included Gordon Chmilar, Timothy Bailey, Zafar Jaffer, Riley Dearden, Alisha Virk and Ian Macdonald (competition).

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