Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - ANALOG DEVICES INC | b85824e8vk.htm |
| EX-1.1 - EX-1.1 - ANALOG DEVICES INC | b85824exv1w1.htm |
Exhibit 5.1
+1 617 526 6000 (t)
+1 617 526 5000 (f)
wilmerhale.com
+1 617 526 5000 (f)
wilmerhale.com
March 30, 2011
Analog Devices, Inc.
One Technology Way
Norwood, Massachusetts 02062
One Technology Way
Norwood, Massachusetts 02062
Re: Registration Statement on Form S-3
Ladies and Gentlemen:
We have acted as counsel for Analog Devices, Inc., a Massachusetts corporation (the
“Company”), in connection with the offer and sale of $375,000,000 aggregate principal amount of its
3.00% Notes due 2016 (the “Debt Securities”), pursuant to an underwriting agreement dated as of
March 30, 2011 (the “Underwriting Agreement”), between the Company and Credit Suisse Securities
(USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the several
underwriters named in the Underwriting Agreement. The Debt Securities will be issued pursuant to an
indenture dated as of June 30, 2009 between the Company and The Bank of New York Mellon Trust
Company, N.A. (the “Trustee”), as supplemented by the supplemental indenture to be dated as of
April 4, 2011 (the “Indenture”).
As such counsel, we have assisted in the preparation and filing with the Securities and
Exchange Commission (the “Commission”) of the Company’s prospectus supplement dated March 30, 2011
(the “Prospectus Supplement”) to the prospectus dated June 25, 2009 (the “Base Prospectus”), each
relating to the registration statement on Form S-3 (File No. 333-160215) (the “Registration
Statement”) filed by the Company with the Commission on June 25, 2009.
We have examined and relied upon corporate or other proceedings of the Company regarding (i)
the authorization of the execution and delivery of the Indenture, the Underwriting Agreement and
the issuance of the Debt Securities, (ii) the Registration Statement, (iii) the Base Prospectus,
(iv) the Prospectus Supplement, (v) the Underwriting Agreement and (vi) the Indenture. We have
also examined and relied upon originals or copies, certified or otherwise identified to our
satisfaction, of such other corporate records of the Company, such other agreements and
instruments, certificates of public officials, officers of the Company and other persons, and such
other documents, instruments and certificates as we have deemed necessary as a basis for the
opinions hereinafter expressed.
Wilmer Cutler Pickering Hale and Dorr llp, 60 State Street, Boston, Massachusetts 02109
Beijing Berlin Boston Brussels Frankfurt London Los Angeles New York Oxford Palo Alto Waltham Washington
Beijing Berlin Boston Brussels Frankfurt London Los Angeles New York Oxford Palo Alto Waltham Washington
Analog Devices, Inc.
March 30, 2011
Page 2
March 30, 2011
Page 2
In our examination of the documents referred to above, we have assumed the genuineness of all
signatures, the legal capacity of all individual signatories, the authenticity of all documents
submitted to us as originals, the conformity to original documents of all documents submitted to us
as copies, the authenticity of such original documents, and the completeness and accuracy of the
corporate records of the Company provided to us by the Company. Insofar as this opinion relates to
factual matters, we have assumed with your permission without independent investigation that the
statements of the Company contained in the Registration Statement are true and correct as to all
factual matters stated therein.
In rendering the opinions set forth below, we have assumed that (i) the Trustee has the power,
corporate or other, to enter into and perform its obligations under the Indenture, (ii) the
Indenture will be a valid and binding obligation of the Trustee, and (iii) the Trustee shall have
been qualified under the Trust Indenture Act of 1939, as amended. We have also assumed the due
authentication of the Debt Securities by the Trustee, that there will not have occurred, prior to
the date of issuance of the Debt Securities, any change in law affecting the validity or
enforceability of such Debt Securities and that at the time of the issuance and sale of the Debt
Securities, the Board of Directors of the Company (or any committee thereof acting pursuant to
authority properly delegated to such committee by the Board of Directors) has not taken any action
to rescind or otherwise reduce its prior authorization of the issuance of the Debt Securities.
We express no opinion herein as to the laws of any jurisdiction other than the state laws of
the Commonwealth of Massachusetts, the state laws of the State of New York and the federal laws of
the United States of America.
We have assumed for purposes of our opinions below that no authorization, approval or other
action by, and no notice to or filing with, any governmental authority or regulatory body or (to
the extent the same is required under any agreement or document binding on it of which an addressee
has knowledge, has received notice or has reason to know) any other third party is required for the
due execution, delivery or performance by the Company of the Indenture or the Debt Securities or,
if any such authorization, approval, consent, action, notice or filing is required, it will have
been duly obtained, taken, given or made and will be in full force and effect.
Our opinions below are qualified to the extent that they may be subject to or affected by (i)
applicable bankruptcy, insolvency, reorganization, moratorium, usury, fraudulent conveyance or
similar laws relating to or affecting the rights or remedies of creditors generally, (ii) statutory
or decisional law concerning recourse by creditors to security in the absence of notice or hearing,
(iii) duties and standards imposed on
Analog Devices, Inc.
March 30, 2011
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March 30, 2011
Page 3
creditors and parties to contracts, including, without limitation, requirements of
materiality, good faith, reasonableness and fair dealing, and (iv) general equitable principles.
Furthermore, we express no opinion as to the availability of any equitable or specific remedy upon
any breach of the Indenture or the Debt Securities, or to the successful assertion of any equitable
defenses, inasmuch as the availability of such remedies or the success of any equitable defenses
may be subject to the discretion of a court. We also express no opinion herein with respect to
compliance by the Company with the securities or “blue sky” laws of any state or other jurisdiction
of the United States or of any foreign jurisdiction. In addition, we express no opinion and make no
statement herein with respect to the antifraud laws of any jurisdiction.
On the basis of, and subject to, the foregoing, we are of the opinion that when the Debt
Securities have been duly executed by the Company, and duly authenticated by the Trustee in
accordance with the terms of the Indenture, and delivered to the purchasers thereof against payment
of the consideration therefor duly approved by the Company, and subject to the final terms of the
Debt Securities complying with then applicable law, not resulting in a default under or a breach of
any agreement or instrument binding upon the Company and complying with any requirement or
restriction imposed by any court or governmental entity having jurisdiction over the Company, the
Debt Securities will constitute valid and binding obligations of the Company, enforceable against
the Company in accordance with their terms.
Please note that we are opining only as to the matters expressly set forth herein, and no
opinion should be inferred as to any other matters. This opinion is based upon currently existing
statutes, rules, regulations and judicial decisions and is rendered as of the date hereof, and we
disclaim any obligation to advise you of any change in any of the foregoing sources of law or
subsequent developments in law or changes in facts or circumstances that might affect any matters
or opinions set forth herein.
We hereby consent to the filing of this opinion with the Commission as an exhibit to the
Company’s Current Report on Form 8-K to be filed on or about March 31, 2011, which Form 8-K will be
incorporated by reference into the Registration Statement, and to the use of our name therein and
in the related Base Prospectus, Preliminary Prospectus Supplement and Prospectus Supplement under
the caption “Legal Matters.” In giving such consent, we do not hereby admit that we are in the
category of persons whose consent is required under Section 7 of the Securities Act of 1933, as
amended, or the rules and regulations of the Commission.
| Very truly yours, | ||||
| WILMER CUTLER PICKERING HALE AND DORR LLP |
||||
By:
|
/s/ Mark G. Borden | |||
| Mark G. Borden, a Partner | ||||