Intel To Offload 51% Of Altera Business To PE Firm Silver Lake

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Intel To Offload 51% Of Altera Business To PE Firm Silver Lake

On Monday, Intel Corp (NASDAQ:INTC) announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion.

Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera’s future…

Article Source
https://finance.yahoo.com/news/intel-offload-51-altera-business-150600693.html

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