Intel Sells 51% Stake in Altera Unit to Private Equity Firm Silver Lake

vm_adminApril 14, 2025

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