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Stockreport

Lattice Semiconductor Considers Offer for Intel's Altera Unit [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
Most Read from Bloomberg Hillsboro, Oregon-based Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, according to the people, who asked not to be identified discussing confidential information. Buyout firms including Francisco Partners, Bain Capital and Silver Lake Management have also been studying offers to invest in Altera, the people said. Altera could also attract interest from other semiconductor companies, they added. Bids for Altera are due next week before the US Thanksgiving holiday on Thursday, the people said. Any attempt by Lattice to gain control of Altera might prove difficult, given the relatively small size of the acquirer. Lattice has a market value of $7.48 billion, less than half what Intel would need to break even on the roughly $17 billion it paid for Altera in 2015. Offers for a stake in Altera, whose multi-use chips are primarily deployed in telecommunications networks, would likely need to be highl [Read more]
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Stockreport

Lattice Semiconductor Considers Offer for Intel's Altera Unit [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
Most Read from Bloomberg Hillsboro, Oregon-based Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, according to the people, who asked not to be identified discussing confidential information. Buyout firms including Francisco Partners, Bain Capital and Silver Lake Management have also been studying offers to invest in Altera, the people said. Altera could also attract interest from other semiconductor companies, they added. Bids for Altera are due next week before the US Thanksgiving holiday on Thursday, the people said. Any attempt by Lattice to gain control of Altera might prove difficult, given the relatively small size of the acquirer. Lattice has a market value of $7.48 billion, less than half what Intel would need to break even on the roughly $17 billion it paid for Altera in 2015. Offers for a stake in Altera, whose multi-use chips are primarily deployed in telecommunications networks, would likely need to be highl [Read more]
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INTC
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