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

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...

Intel sells its Altera majority stake to private equity firm Silver Lake for $8.75 billion, appoints Marvell exec Raghib ...

Shares of Intel surged Monday after the chipmaker said it agreed to sell 51% of its programmable chip business Altera to tech ...

"Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our ...

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

"Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our ...

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

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

Intel (INTC) has agreed to sell 51% of its stake in Altera to Silver Lake, a global technology investment firm.