Altera, the FPGA maker Intel acquired in 2015 and spun off earlier this year as an independent company, celebrated that independence with an update that includes a new product line and developer tools ...

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 ...

(KRON) — In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay Area layoffs. Altera Corporation, a programmable logic devices ...

SAN JOSE — Altera will cut 82 jobs in north San Jose, according to an official notice the tech company filed with the state Employment Development Department. The chipmaker stated the reductions would ...

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 ...

Intel has spun off its programmable solutions group as a standalone FPGA company, selling a majority stake in the company to a private equity firm. Intel is taking a fairly hefty loss on this deal. It ...

JP Morgan analyst Harlan Sur reiterated an Underweight rating on Intel Corp (NASDAQ:INTC) on Tuesday, setting a price forecast of $23. On Monday, before the market opened, Intel announced a 51% stake ...

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 the ...

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 Altera at ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Intel announced Monday that it was selling ...

April 14 (Reuters) - Intel (INTC.O), opens new tab 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 by new ...

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