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Paul Hastings Advises Qualcomm on its Strategic Alliance with Alcatel-Lucent

November 12, 2013

Paris – Paul Hastings has advised Qualcomm Incorporated, the world leader in 3G, 4G, and mobile technology of the next generation, in connection with its strategic alliance with Alcatel-Lucent to improve access to very high-speed internet and cellular networks.

Under this agreement, Qualcomm Incorporated will also have the right, in particular during the period 2013-2016, to four tranches of Alcatel-Lucent shares involving up to $20 million per tranche.  Each tranche will be subject to a lock-up commitment lasting at least 6 months.  On 30 September, Qualcomm Incorporated acquired approximately 6 million shares held in the treasury (i.e., approximately 0.25% of Alcatel Lucent’s share capital), representing a first tranche of $20 million.

Traded on Nasdaq, Qualcomm had revenues of $19 billion in 2012.

The Paul Hastings team was led by partner 

, assisted by partner  and associate , with partner  and associate  on aspects of US law.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit

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