Intel, Altera and Silver Lake
Silver Lake set to buy majority stake in Intel’s Altera programmable chip business
The private equity firm Silver Lake Partners LP is reportedly in advanced talks over the purchase of a majority stake in Intel Corp.’s programmable chip business unit Altera, having apparently won out over a number of other prospective suitors.
The Financial Times · 3d
Silver Lake in talks to buy majority stake in Intel’s Altera unit
Silver Lake is in talks to buy a majority stake in Intel’s Altera unit as the chipmaker works to shed non-core assets and bulk up its finances to invest billions of dollars in modern chip fabrication plants in the US and Europe.
Intel's pullback comes on the heels of a 16% jump for the stock in yesterday's trading following a report that the company ...
Intel climbed to $27.39 in New York trading Tuesday, marking the biggest single-day increase since March 2020. The stock was ...
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