Intel sells 51% of Altera to Silver Lake for $4.46bn, valuing business at $8.75bn Altera gains independence as largest ...

The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...

The Silver Lake investment firm portfolio companies deliver $252 billion of revenue annually.

Tech giant Intel has agreed to sell 51% of its programmable chips unit, Altera, to technology investment firm Silver Lake.

Intel to divest 51% stake in Altera for $4.46 billion to Silver Lake amid cost cuts, stock down 17% in one month ...

INTC enters into a definitive agreement to sell a majority stake of its Altera business to Silver Lake for an enterprise ...

Intel faces significant challenges, including declining sales, increased debt, and fierce competition, despite cost-cutting ...

With its legacy on the line, the chip giant’s drastic restructuring reveals a company fighting to redefine its place in an AI ...

Intel had previously said it would slash 15% of its workforce as it pursues the turnaround strategy of previous CEO Pat ...

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

Tan, named CEO of chipmaker Intel ( INTC) in mid-March, hasn’t been invisible since his appointment. He gave the keynote ...

Read about Silver Lake's move to buy a 51 percent stake in Intel's FPGA semiconductor business Altera and Intel's appointment of Raghib Hussain as Altera's CEO.