Davis Polk & Wardwell advised Credit Suisse Securities (USA) LLC as the sole underwriter of an SEC-registered offering by RadiSys Corporation of $55 million aggregate principal amount of its 2.75% convertible senior notes due 2013. In connection with the offering, RadiSys also entered into a capped call transaction with an affiliate of Credit Suisse Securities (USA) LLC.

RadiSys is a leading provider of advanced embedded solutions for the communications networking and commercial systems markets.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Zachary Patton and Christopher D. Kelley of the Menlo Park office. Partner James T. Rothwell and associate Jenny M. Dahlen of the New York office provided equity derivatives advice. The tax team included partner Dana L. Trier and associates M. Ryan LaRosa (admitted in California only) and Matthew Kohley (not yet admitted) of the New York office. Associate Alina Fulop of the New York office provided 1940 Act advice. Michael Nguyen and Jessica L. Talbot of the Menlo Park office were the legal assistants for the transaction.