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 Corp. (INTC) shares rallied 3% on Monday after the chipmaker announced it would sell 51% of its Altera business to Silver Lake. The transaction values the Altera business at $8.75 billion ...

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 ...

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 ...

Intel is considering offloading its NEX unit as part of a broader push by its new CEO to hone the company’s focus on its most ...

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 ...

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 ...