Subject


Altera


2025-04-15

[News] Intel Sells Altera to Silver Lake for $4.46B; Taps Marvell Exec as New CEO

Intel CEO Lip-Bu Tan previously stated that, in order to achieve a successful turnaround, the company must divest its non-core assets—and now, the first step has been taken. According to Liberty Times, citing Reuters, Intel announced on Monday (April 14) that it will sell a 51% stake in its subsid...

2025-02-19

[News] Intel’s Altera Unit Nears Sale as Silver Lake Reportedly Leads Talks

While speculation swirls about Intel splitting and selling to tech giants like TSMC and Broadcom, its FPGA unit appears closer to a sale. According to Bloomberg, Silver Lake Management is in exclusive negotiations to acquire a majority stake in Altera. As Bloomberg noted earlier, private equity f...

2024-11-25

[News] U.S. FPGA Peer Lattice Reportedly Explores Acquisition of Intel’s Altera Unit

While rumors have been circulating that Intel is seeking to sell at least a minority stake in Altera, one of its FPGA (Field Programmable Gate Array) peers seems to be interested in the unit. Lattice is reportedly exploring a potential bid to acquire Intel's Altera unit in its entirety, according to...

2024-11-05

[News] Intel Mulls Sale of Altera Stake, while Silver Lake and Bain Reported as Potential Buyers

According to a report from TechNews, citing the Reuters, Silver Lake, Bain Capital and other potential acquirers are planning to acquire a minority stake in Altera, Intel's programmable chips division. Altera, a market leader in FPGAs, was acquired by Intel in 2015 for nearly USD 17 billion, with...

2024-10-18

[News] Intel Reportedly Aims to Raise Billions through Sale of Minority Stake in Altera

Rumors have been circulating for a while that Intel is considering to sell off its FPGA unit Altera, and later subsided as Altera reiterated that it still eyes an IPO in 2026. However, Intel’s stance of regarding Altera to be a critical part of its core business seems to waver, according to the la...

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