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Intel sells majority stake in Altera

Reuters on MSN · 3d

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.

Associated Press News on MSN · 3d

Intel sells majority stake in Altera to Silver Lake investors in a deal valued at $8.75 billion

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion.

The Next Platform · 2d

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 business to raise funds for its

1d

Intel Cancels IPO Carveout Of Altera

Intel Corp announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a ...

2don MSN

Intel Dumps Altera at a Huge Loss

Intel ( INTC -2.90%) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in ...

3don MSN

Intel’s new CEO isn’t wasting time trying to enact a turnaround

Intel is selling a controlling stake in Altera. While the company is accepting a lower value for the unit than what it ...

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