Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as joint book-running managers on the SEC-registered offering by Altera Corporation of $500 million of its 1.75% notes due 2017.

Headquartered in San Jose, California, Altera is a global semiconductor company that designs, manufacturers and markets programmable logic devices (PLDs), application-specific integrated circuits (ASICs), IP cores and related software.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Beth Hooton Ruiz and Alex Kardon. Partner Rachel D. Kleinberg and law clerk Catherine P. Chang provided tax advice. Associates Emma Maconick and Daniel Ray provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. Associate Catherine L. Martin provided ‘40 Act advice. Haniya H. Mir was the legal assistant for the transaction. Members of the Davis Polk team are based in the Menlo Park and New York offices.