Intel sells 51% of Altera to Silver Lake for $4.46bn, valuing business at $8.75bn Altera gains independence as largest pure-play FPGA semiconductor company Raghib Hussain named new CEO as Intel ...

And only two weeks after taking the helm of Intel, new chief executive officer Lip-Bu Tan is not wasting a lot of time getting things done. To that end, Tan has engineered the sales of a 51 percent ...

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion. Silver Lake will own 51% of Altera ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets. The transaction values ...

Intel will sell a majority stake of its programmable-chip unit to private-equity firm Silver Lake. The semiconductor company said it will own 49% of the Altera business, which it added will allow ...

Intel to sell 51% of Altera to Silver Lake for $8.75B, retains 49% stake to stay involved in future growth. Altera to operate independently as top FPGA firm; Raghib Hussain named CEO, deal ...

Technology investment firm Silver Lake has agreed to acquire a 51 percent stake in Intel’s Altera business, which makes pure-play field programmable gate array, or FPGA, products. In addition to ...

Intel Sells Majority Stake in Altera to Silver Lake Investors in a Deal Valued at $8.75 Billion Intel announced Monday that it was selling the majority of its Altera chip business to technology ...

FILE - The Intel logo is displayed on the exterior of Intel headquarters in Santa Clara, Calif., Jan. 12, 2011. (AP Photo/Paul Sakuma, File) (Paul Sakuma, Copyright ...