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 ...

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. Silver Lake will own 51% of Altera ...

Technology investment firm Silver Lake has agreed to acquire a 51 percent stake in Intel’s Altera business, which makes pure-play field programmable gate array, or FPGA, products. In addition to ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets. The transaction values ...

CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.

Intel to sell its networking and edge business after the sale of Altera chip unit as CEO Tan shakes up the chipmaker company.

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 ...

And only two weeks after taking the helm of Intel, new chief executive officer Lip-Bu Tan is not wasting a lot of time getting things done. To that end, Tan has engineered the sales of a 51 percent ...