10:30 – 11:00
Wall Street Perspectives on the Semiconductor Market
The presentation will apply a financial lens to the current state of the semiconductor industry. The discussion will evaluate key industry and economic trends, and assess factors that will shape the industry in years to come, including government support and regulations. It will also provide perspectives on sector valuations, strategic transaction activity and potential future consolidation.
Tom Stokes
Evercore
Tom Stokes is a Senior Managing Director of Evercore’s corporate advisory business and co-leads the Technology Banking Group in New York.
Tom is focused on advising clients across the technology sector.
Prior to joining Evercore in 2015, Tom was a Managing Director in the Investment Banking Division at Goldman, Sachs & Co., where he served as global head of Electronics and Industrial Technology Investment Banking. With over 25 years of relevant experience and over 13 years at Goldman Sachs, Tom has extensive experience advising companies across the technology industry. In particular, he has advised on a number of the most notable recent transactions across the semiconductor, electronics and industrial tech subsectors. Clients represented by Tom include Advanced Energy, Aeroflex, Anaren, Amphenol, AZ Electronic Materials, Azenta, Belden, Brooks, CDW, Cobham, Corning, Dover, Dupont, Edwards, Entegris, Fortive, Freescale, IBM, Lam Research, Lexmark, Macom, Molex, Keysight, Koch Industries, TE Connectivity, Samsung, Sensata, Solectron, Tokyo Electron, Universal Display and Viasystems, among others.
Tom received his BA, MA and MEng degrees (First Class) in Engineering from Cambridge University and received his MBA degree from Kellogg School of Management.
Company Profile
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. Evercore’s Investment Banking business advises its clients on mergers and acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with macro and fundamental equity research, sales and trading execution. Evercore’s Investment Management business comprises wealth management, institutional asset management and private equity investing. Evercore serves clients from 28 offices in North America, Europe, South America and Asia. Since 1995, the firm has advised on more than $3 trillion of merger, acquisition, recapitalization, and restructuring transactions.
Kunal Chakrabarti
Evercore
Mr. Chakrabarti is a Managing Director in the firm’s corporate advisory business focusing on the Technology sector.
Mr. Chakrabarti has advised leading technology firms and financial sponsors on M&A and capital markets transactions including Mobileye on its $961M IPO, NxEdge on its $850M sale to Enpro, AvePoint on combination with Apex Technology and subsequent public listing, Conservice on sale of TA Associates’ equity stake to Advent International, Conservice on its sale of majority stake to TA Associates, Enersys on the $750M acquisition of Alpha Technologies Group of Companies, Akamai on its defense and cooperation agreement with Elliott Management, Cobham on its $455M divestiture of AvComm and Wireless businesses to Viavi, Samsung on the $9B acquisition of Harman, Qualcomm on the $49B announced (and subsequently cancelled) acquisition of NXP Semiconductors, Sonus on a merger of equals with Genband, Siris Capital’s $943M acquisition of PGi, Cbeyond on its $323M sale to Birch, and financing of TPG led group’s acquisition of Cirque du Soleil.
Prior to Evercore, Mr. Chakrabarti was an Associate Director at UBS in their Technology, Media and Telecommunications Group in New York. He holds a MBA from Cornell University’s SC Johnson Graduate School of Management and a BA in Economics from University of Delhi, India.
Company Profile
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. Evercore’s Investment Banking business advises its clients on mergers and acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with macro and fundamental equity research, sales and trading execution. Evercore’s Investment Management business comprises wealth management, institutional asset management and private equity investing. Evercore serves clients from 28 offices in North America, Europe, South America and Asia. Since 1995, the firm has advised on more than $3 trillion of merger, acquisition, recapitalization, and restructuring transactions.