Davis Polk advised Goldman, Sachs & Co. in connection with a Rule 144A offering by InvenSense, Inc. of an aggregate principal amount of $175 million of its 1.75% convertible senior notes due 2018. In addition, Davis Polk advised Goldman, Sachs & Co. as the counterparty to convertible note hedge and warrant transactions.

Headquartered in San Jose, California, InvenSense, Inc. is a pioneer and a global market leader in devices for the motion interface market that detect and track an object’s motion in three-dimensional space. 

The Davis Polk corporate team included partner Alan F. Denenberg and associates Stephen Salmon, Jeffrey C. Lau and Jeffrey Hamilton. The Davis Polk equity derivatives team included partner Ray Ibrahim, associate Jonathan Armstrong and law clerk Zachary N. Lupu. The tax team included partner Rachel D. Kleinberg and associate Catherine Paskoff Chang. Associate Jansen A. S. Thurmer provided intellectual property advice. Cassandra Aguirre was the legal assistant on the transaction. Members of the Davis Polk team are based in the Menlo Park and New York offices.