Silver Lake nears $9bn majority stake deal for Intel’s Altera chip unit | Private Equity Insights

Silver Lake nears bn majority stake deal for Intel’s Altera chip unit | Private Equity Insights

Silver Lake is in advanced talks to acquire a majority stake in Altera, Intel’s programmable chip unit, in a deal valuing the business at approximately $9bn, according to sources cited by the Financial Times.

Intel will retain a significant…

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