Intel to sell controlling stake in Altera chip business to Silver Lake
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 “operationally independent,” Intel said in a press release. The chipmaker will retain a 49% stake in Altera, which will be led […]
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 “operationally independent,” Intel said in a press release. The chipmaker will retain a 49% stake in Altera, which will be led […]
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