Taylor Wessing has advised Mythic, a Silicon Valley pioneer in analog AI computing, on the acquisition of videantis, a Germany-based semiconductor and embedded AI technology company. The transaction has been successfully completed earlier this year following the satisfaction of all regulatory requirements, including German foreign direct investment (FDI) clearance.
The acquisition combines Mythic’s breakthrough analog compute-in-memory platform with videantis’ production-proven digital processor architecture and unified software stack, creating a highly differentiated hybrid AI computing platform designed to address the rapidly growing global demand for energy-efficient AI infrastructure.
The transaction represents a significant milestone in Mythic’s international growth strategy and further strengthens its European technology footprint in advanced semiconductor design, embedded AI and next-generation AI compute infrastructure. It also positions Mythic to accelerate deployment of highly energy-efficient AI solutions across automotive, robotics, industrial, defense and data center applications.
The transaction had a distinctly transatlantic character, combining cash and equity consideration structures and requiring parallel transaction execution processes in Germany and the United States. In addition to the complexity of coordinating multiple international workstreams, the transaction further involved extensive regulatory and FDI-related analysis and close coordination with German investment control authorities in a strategically sensitive semiconductor and AI environment.
The acquisition follows Mythic’s recently announced oversubscribed USD 125 million funding round led by prominent deep-tech investors including DCVC, NEA, Future Ventures, Atreides Management, SoftBank and S3 Ventures.
Taner Ozcelik, CEO of Mythic, commented: “We faced challenges, but the team never wavered and delivered nothing short of excellence. The teamwork was impeccable, and I am honored to have worked with such a stellar transatlantic team.”
Alexander Roth, Partner at Taylor Wessing, said: “We are thrilled to have supported highly innovative Mythic on this landmark transatlantic semiconductor and AI transaction. With this M&A deal Mythic significantly expedites forming a one-of-a-kind transatlantic AI computing platform uniquely positioned to serve the United States, Europe and global markets.”
Amir-Said Ghassabeh, Partner at Taylor Wessing, added: “This transaction is a strong example of how transatlantic AI and semiconductor transactions require seamless coordination across jurisdictions, regulatory disciplines and transaction teams in order to navigate complexity at the intersection of corporate M&A, technology, geopolitics and regulation.”
Taylor Wessing’s advisory encompassed all legal aspects of the transaction, including transaction structuring, comprehensive due diligence, negotiation of the SPA, coordination of a tailored W&I insurance solution, regulatory and FDI matters, as well as signing and closing.
About Mythic
Mythic is a pioneer in analog AI computing, ushering in a new era of accelerated computing with its Analog Processing Units (APUs) – a fundamentally different compute-in-memory approach that collapses computation and memory into a single plane. By overcoming the energy bottlenecks of traditional digital architectures, Mythic’s chips deliver unparalleled performance-per-watt (often 100x better than GPUs) for AI inference across edge devices, vehicles, and data centers. Mythic’s platform supports a wide range of AI models, and its Starlight analog co-processors can be embedded in sensors to dramatically enhance data quality. The company’s investors include DCVC, NEA, Future Ventures, Atreides Management, SoftBank, S3 Ventures, eCAPITAL and strategic partners such as Honda and Lockheed Martin. Learn more at mythic.ai.
Advisors – Mythic
Taylor Wessing Germany/USA advised Mythic on all German legal aspects of the transaction with an integrated, cross-practice team led by Alexander Roth (Partner, San Francisco) and Amir-Said Ghassabeh (Partner, Hamburg). The team comprised Dr. Jens Wolf, Dr. Michael Brüggemann, Dr. Carolin Roßkothen, Anne-Kathrin Hoppe, Niklas Brünig, Malke Kristina Zimmermann, Dr. Philipp Weiten, Konstantin Körner, Dr. Christian Maron, Dr. Larissa Burger, Carolin Wagner, Thomas Kahl, Nils von Reith, Teresa Kirschner, Manuel Nagel, Marieke Müller-Stiemann, Dr. Tim Eickmanns, Tobias Rhode, Corvin Gutzeit, Nico Jänicke, Tim Hendricks, Mareen Coenen, Dr. Gisbert Hohagen and Dr. Hendrik Marchal, covering Corporate/M&A, Regulatory and FDI, Technology, IP, Employment, Tax, Finance and transaction execution.
US legal counsel was provided by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP, led by Stephanie Lane, together with Anjuli J. Schlievert, Mark M. Mabry and Sofia B. Rattes.
Financial and Tax Due Diligence
AC Christes & Partner: Katharina Bucksch, Christina Nikolova-Kleine, Dr. Patrick Satish and Benedikt Schülen.
Technichal / IT-Due-Diligence
Sema Technologien: Matt Van Itallie, David Goslin and Jason Ewing.
Advisors – videantis
SKW Schwarz: led by Tobias Rodehau and Alexander Karst.
Reed Smith LLP: led by Tim Rupp and Nikolaus von Jacobs.
