Wilson Sonsini Goodrich & Rosati, Weil Gotshal & Manges and Gibson Dunn & Crutcher are advising on Intel's $16.7bn (£10.9bn) acquisition of techonology company Altera.

The deal sees chip maker Intel acquire Altera at $54 (£35) a share, with California-based Altera becoming an Intel business unit. The transaction is the largest Intel has done.

Weil is acting for Intel, alongside Gibson Dunn, fielding a team led by New York corporate partner Michael Aiello accompanied by Silicon Valley partners Richard Climan and Jane Ross. Tax partner Kenneth Heitner is also advising alongside Paul Wessel, who is acting on the executive compensation and benefits aspect of the deal.

In addition Weil's team is advising on environmental, technology, real estate, capital markets, patent litigation and antitrust matters.

Completing the 15-partner strong team are New York privacy and data protection partner Randi Singer and Washington DC partner Steven Tyrrell.

Wilson Sonsini is acting for Altera with a team led by corporate partners Bradley Finkelstein, Martin Korman, Katharine Martin, Sacha Ross and Mark Fitzgerald in Washington DC.

Antitrust partners Paul Jin and Scott Sher are also advising on the deal alongside John Aguirre, who is providing employee benefits and compensation advice.

In addition the firm is providing legal counsel on the technology, employment, real estate, regulatory, tax and export control aspects of the transaction.

Litigation partners Boris Feldman, Elizabeth Peterson and Gideon Schor are also advising Altera.

JP Morgan Securities and Rothschild are serving as financial advisers to Intel, while Altera has turned to Goldman Sachs for financial advice.

The acquisition is expected to close in the next six to nine months subject to regulatory and shareholder approval.