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 ...

Intel said Monday it has found a buyer to take a majority stake in Altera, its programmable chip business, partially unwinding a failed deal from a decade ago. Private equity firm Silver Lake will ...

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 ...

On Monday, Intel Corp (NASDAQ:INTC) announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion. Intel will own the remaining 49% of the Altera business, enabling ...

Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that is ...

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 ...

SANTA CLARA, Calif. & SAN JOSE, Calif. & MENLO PARK, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to ...

Intel 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 under new CEO Lip-Bu Tan to revive the struggling ...

Intel Corp. (NASDAQ:INTC) shares rose on Monday after the company announced the completion of a long-anticipated deal to sell a majority stake in its Altera business to Silver Lake. The transaction, ...