Intel set to sell majority stake in Altera raising $4.5bn – New Electronics

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Intel set to sell majority stake in Altera raising .5bn – New Electronics

The deal is worth $4.46 billion to Intel and is the first major move by the company’s recently appointed CEO Lip-Bu Tan.

The move, which values Altera at $8.75bn, is seen as a first step in Tan’s efforts to…

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https://www.newelectronics.co.uk/content/news/intel-set-to-sell-majority-stake-in-altera-raising-45bn

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