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Stockreport

Intel Announces Strategic Investment by Silver Lake in Altera [Yahoo! Finance Canada]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance Canada
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Sale of 51% stake to Silver Lake to accelerate Altera's independence and leadership in programmable semiconductor solutions. Advances Intel's strategy to focus on its core business and strengthen its financial position. SANTA CLARA, Calif. & SAN JOSE, Calif. & MENLO PARK, Calif., April 14, 2025 BUSINESS WIRE )--Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing. The transaction, which values Altera at $8.75 billion, establishes Altera's operational independence and makes it the largest pure-play FPGA (field programmable gate array) semiconductor solutions company. Altera offers a proven and highly scalable architecture and tool chain and is focused on driving growth and FPGA innovation to meet the demands and opportunities of an AI-driven market. Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera's future success [Read more]
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Stockreport

Intel Announces Strategic Investment by Silver Lake in Altera [Yahoo! Finance Canada]

Intel Corporation  (INTC) 
More Company Research Source: Yahoo! Finance Canada
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Sale of 51% stake to Silver Lake to accelerate Altera's independence and leadership in programmable semiconductor solutions. Advances Intel's strategy to focus on its core business and strengthen its financial position. SANTA CLARA, Calif. & SAN JOSE, Calif. & MENLO PARK, Calif., April 14, 2025 BUSINESS WIRE )--Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing. The transaction, which values Altera at $8.75 billion, establishes Altera's operational independence and makes it the largest pure-play FPGA (field programmable gate array) semiconductor solutions company. Altera offers a proven and highly scalable architecture and tool chain and is focused on driving growth and FPGA innovation to meet the demands and opportunities of an AI-driven market. Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera's future success [Read more]
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