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Stock impact report

Intel Close to Unveiling Deal to Sell Altera to Silver Lake [Yahoo! Finance]

Lattice Semiconductor Corporation (LSCC) 
Last lattice semiconductor corporation earnings: 4/28 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Secret Formula for Faster Trains NYC Tourist Helicopter Crashes in Hudson River, Killing Six Even Oslo Has an Air Quality Problem Inside the Quiet, Extravagant Expansion of the Frick Collection Lisbon Mayor Wants Companies to Help Fix City's Housing Shortage Intel may announce a deal to sell Altera to the private equity firm as soon as this week, people familiar with the matter said, asking not to be identified discussing a private arrangement. The pair have been hammering out an agreement that involved Intel selling a majority stake in the unit, Bloomberg News reported previously. Intel agreed in 2015 to pay roughly $17 billion for Altera, whose multi-use chips are primarily deployed in telecommunications networks. In 2024, the US chipmaker said it would look to sell a stake in Altera — part of a broader plan to turn its business around. Altera drew interest from Lattice Semiconductor Corp. and a group of buyout firms, Bloomberg News has re Show less Read more
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