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Intel sells majority stake in Altera

TechRadar on MSN · 3d

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 pure-play FPGA semiconductor company Raghib Hussain named new CEO as Intel shifts its strategic focus Intel,

Associated Press News on MSN · 4d

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 · 3d

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

2d

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 ...

3don 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

'Once-in-a-generation opportunity': Silver Lake may have struck gold with controlling majority in chip designer once worth almost $17bn

Intel, now under the leadership of new CEO Lip-Bu Tan, has been facing a number of challenges in recent years, to the point ...

3d

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 ...

4d

Intel Offloads Half Of Altera, But INTC Stock Hasn't Turned Around From Bear Mode

Intel's stock surges after deal to sell majority of Altera business, but technicals indicate continued bearish trend.

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