Intel has entered a deal to offload 51% of its stake in Altera, a specialised chipmaker focusing on programmable logic devices, to Silver Lake investment firm. Before it was owned by Intel, Altera and ...

Intel is selling 51% of Altera for $8.75 billion to private-equity firm Silver Lake. Intel bought it a decade ago for $16.7 billion.

Intel sells 51% of Altera to Silver Lake for $4.46bn, valuing business at $8.75bn Altera gains independence as largest pure-play FPGA semiconductor company Raghib Hussain named new CEO as Intel shifts ...

The companies announced the deal today. The transaction values Altera at $8.75 billion, just under half what Intel paid to acquire the company in 2015. Silver Lake, a private equity firm known for ...

Intel has agreed to sell 51 percent of FPGA chip company Altera to private equity firm Silver Lake for $8.75 billion. The chipmaker will retain a 49 percent stake in Altera, which Intel said will ...

Intel will retain 49% ownership in Altera, which will be led by Raghib Hussain, who’s set to succeed Sandra Rivera as CEO on May 5. “Today’s announcement reflects our commitment to sharpening our ...

Tan joined Intel as CEO just one month ago. Intel also announced that Raghib Hussain will succeed Sandra Rivera as chief executive officer of Altera, effective in early May. Intel shares were up 3.2% ...