News

Intel sells majority of its FPGA business to Silver Lake for just under $4.5 billion - here's what you need know
Intel sells 51% of Altera to Silver Lake for $4.46bn, valuing business at $8.75bn Altera gains independence as largest ...
The Next Platform8h
Why Did Silver Lake Buy A Majority Stake In Intel’s Altera FPGA Business?
Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its ...
Intel Dumps Altera at a Huge Loss
Intel (NASDAQ: INTC) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in 2015, to investment firm Silver Lake. While Intel will retain a 49% stake ...
Zacks Investment Research on MSN14h
Intel to Sell 51% Stake in Altera Business: Will it Benefit the Stock?
Intel Corporation INTC recently announced that it has entered into a definitive agreement to sell a 51% ownership stake in Altera business to Silver Lake, a prominent global technology investment firm ...
Intel is selling its 51% stake in Altera, for presumably a few billion, to private firm with over $104 billion in investments
The Silver Lake investment firm portfolio companies deliver $252 billion of revenue annually.