:max_bytes(150000):strip_icc()/GettyImages-2203816766-6f20da2dbea14bf3bc5fac068e6029b3.jpg?ssl=1 "Intel Sells 51% Stake in Altera Unit to Private Equity Firm Silver Lake")
Key Takeaways
- Intel said it will sell a 51% stake in its Altera programmable chips unit to Silver Lake, a tech-focused private equity firm.
- The deal values Altera at $8.75 billion, and will leave Intel with a 49% stake.
- Altera was responsible for…
Article Source
https://www.investopedia.com/intel-to-sell-51-percent-stake-in-altera-unit-to-private-equity-firm-silver-lake-11714528
