Davis Polk is advising J.P. Morgan Securities LLC as financial adviser to Intel Corporation in connection with its approximately $16.7 billion acquisition of Altera Corporation. The transaction is subject to certain regulatory approvals and customary closing conditions, including the approval of Altera’s stockholders.

Intel designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Altera is at the forefront of technology innovation, providing customers programmable solutions for leading-edge electronic systems that are shaping our modern world.

The Davis Polk corporate team includes partners Alan F. Denenberg and Kirtee Kapoor and associate Max Brunner. All members of the Davis Polk team are based in the Menlo Park office.

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