Intel to Sell 51% Stake in Altera to Silver Lake in $8.75 Billion Deal

Intel to Sell 51% Stake in Altera to Silver Lake in .75 Billion Deal

Intel (INTC, Financials) agreed to sell a 51% stake in its Altera business to private equity firm Silver Lake, valuing the unit at $8.75 billion, the companies announced Wednesday. The transaction is expected to close in the second half of…

Article Source
https://sg.finance.yahoo.com/news/intel-sell-51-stake-altera-183418693.html