Intel (INTC) Sells Majority Stake in Altera for Strategic Refocu

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Intel (INTC) Sells Majority Stake in Altera for Strategic Refocu

Intel Corporation (INTC, Financial) has agreed to sell 51% of its stake in its programmable chip unit, Altera, for $4.46 billion to Silver Lake Management. This transaction values Altera at approximately $8.75 billion and represents the first…

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https://www.gurufocus.com/news/2779636/intel-intc-sells-majority-stake-in-altera-for-strategic-refocus-intc-stock-news

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