Feb 19, 07:44 AM

Silver Lake Nears $9 Billion Deal for Majority Stake in Intel's Altera Unit, Originally Acquired for $17 Billion

Silver Lake Management is reportedly in exclusive negotiations to acquire a majority stake in Intel's Altera unit, which specializes in programmable chips. The deal is expected to value Altera at approximately $9 billion. Intel originally purchased Altera in 2015 for $17 billion. The potential acquisition comes amid speculation regarding Intel's restructuring efforts and the company's stock price, which has seen an uptick due to these buyout discussions. Broadcom's recent acquisition strategies have also been noted in the context of Intel's market positioning, as it seeks to compete with Nvidia, which is currently valued significantly higher than Intel.

#Silver Lake Management #Intel #Altera #Broadcom #Nvidia

Written with ChatGPT (GPT-4o mini).

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Paul Triolo@pstAsiatech
2 years ago
Silver Lake in talks to buy majority stake in Intel’s Altera unit via @FT https://t.co/eLn4YDcNp2
Markets Today@marketsday
2 years ago
Silver Lake Nears Intel's Altera Stake $INTC Silver Lake Management is in exclusive negotiations to acquire a majority stake in Intel's Altera unit, which focuses on programmable chips. This potential acquisition has been widely reported, signaling a significant shift in the…
Affärsvärlden@AFV_magasin
2 years ago
Källor: Intel förhandlar med Silver Lake kring Altera https://t.co/0RN2pUWEsB

Silver Lake Nears $9 Billion Deal for Majority Stake in Intel's Altera Unit, Originally Acquired for $17 Billion

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