Intel is now a minority owner of Altera after selling a majority stake to an investment firm. The company has cut its outlook for operating expenses this year as a result of the deal. Other ...
(KRON) — In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay Area layoffs. Altera Corporation, a programmable logic devices ...
SAN JOSE — Altera will cut 82 jobs in north San Jose, according to an official notice the tech company filed with the state Employment Development Department. The chipmaker stated the reductions would ...
On April 14, 2025, Intel Corp (NASDAQ: INTC, $19.85, Market Capitalization: $86.6 billion), a leading technology company, announced that it has entered into a definitive agreement to sell 51% of its ...
Intel, under new CEO Lip-Bu Tan, is selling a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This deal values Altera at $8.75 billion, significantly less than ...
Intel (NASDAQ: INTC) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in 2015, to investment firm Silver Lake. While Intel will retain a 49% stake ...
Raghib Hussain is set to replace Sandra Rivera as Altera’s CEO. Intel is selling a 51pc stake in its programmable chip business Altera to Silver Lake, a private equity firm, for $4.46bn. The chipmaker ...
Altera generated revenue of $1.54 billion in 2024, a mere 3% of Intel's total sales, and posted an operating loss of $615 million. Intel has agreed to sell a 51% stake in its Altera programmable chip ...
April 14 (Reuters) - Intel (INTC.O), opens new tab 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 by new ...
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Intel (NASDAQ:INTC) has agreed to sell 51% of its stake in Altera to Silver Lake, a global technology investment firm. Shares of Intel increased 4% during early trading on Monday. Intel plans to ...
Intel on Monday said it has agreed to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm. The deal, which values Altera at $8.75 billion, will make the division ...
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