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Intel to Sell Majority Stake of Altera to Private Equity Firm Silver Lake [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The semiconductor company said it will own 49% of the Altera business, which it added will allow it to participate in Altera's future success while focusing on its core business. Intel is on the clock to turn things around, and recently appointed Chief Executive Lip-Bu Tan is prioritizing the core business.
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