A heterobimetallic Pd(II)/Cu(I) complex was prepared and characterized by X-ray diffraction analysis. The crystal structure shows a remarkably short Pd-Cu bond and a trigonal ipso carbon atom. The Pd Cu interaction, as determined by energy-resolved collision induced dissociation cross-section experiments, models the net stabilizing energy of the Pd Cu interaction in the transition state of the transmetalation step in Pd/Cu-catalyzed cross-coupling reactions. The bonding situation in the bimetallic dinuclear complex has been studied by atoms-in-molecules analysis.