Intel Sells 51% Stake in Altera to Silver Lake for $8.75 Billion

vm_admin
Intel Sells 51% Stake in Altera to Silver Lake for .75 Billion

Intel has announced the sale of its 51% stake in Altera, a programmable chip business, to private equity firm Silver Lake. The deal values Altera at $8.75 billion and provides Intel with a significant cash infusion. This move is part of Intel’s…

Article Source
https://www.gurufocus.com/news/2777076/intel-sells-51-stake-in-altera-to-silver-lake-for-875-billion?r\u003d4bf001661e6fdd88d0cd7a5659ff9748

Related Posts