Intel has agreed to sell a 51% stake in its Altera programmable chip business to private equity firm Silver Lake for $4.46 billion, marking the first significant move by new CEO Lip-Bu Tan to revitalize the struggling chipmaker.
The deal,…
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Intel has agreed to sell a 51% stake in its Altera programmable chip business to private equity firm Silver Lake for $4.46 billion, marking the first significant move by new CEO Lip-Bu Tan to revitalize the struggling chipmaker.
The deal,…