FPGA News

Intel Strikes $8.75 Billion Deal with Silver Lake, Selling Majority Stake in Altera

Intel Corp. sells 51% of Altera to Silver Lake for $8.75 billion, aiming for Altera's operational independence by 2025. Raghib Hussain to take over as CEO, focusing on AI-driven FP...

Intel Strikes $8.75 Billion Deal with Silver Lake for 51% Stake in Altera, Marking a New Chapter

Intel Corp. has agreed to sell a 51% stake in Altera Corp. to Silver Lake for $8.75 billion, granting Altera operational independence. The deal, expected to close in 2025, includes...