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Intel sells majority of its FPGA business to Silver Lake for just under $4.5 billion - here's what you need know

Intel sells 51% of Altera to Silver Lake for $4.46bn, valuing business at $8.75bn Altera gains independence as largest pure-play FPGA semiconductor company Raghib Hussain named new CEO as Intel shifts ...
CRN

Exclusive: Altera CEO Says Intel’s IPO Plan For FPGA Unit ‘Has Not Changed’

Altera CEO Sandra Rivera denies a report that Intel is planning to outright sell its programmable chip business. ‘We are executing to the plan, which is not a sale of Altera, but rather it is selling ...
insideHPC

Intel Selling 51% of Altera FPGA Business for $4.3B

SANTA CLARA, Calif.; SAN JOSE and MENLO PARK, Calif., April 14, 2025 – Intel Corporation today announced that it has entered into a definitive agreement to sell 51 percent of its Altera business to ...
Network World

Intel sells off majority stake in its FPGA business

Intel has spun off its programmable solutions group as a standalone FPGA company, selling a majority stake in the company to a private equity firm. Intel is taking a fairly hefty loss on this deal. It ...
Design News

Intel Begins Restructuring by Unloading Unprofitable FPGA Unit

Keeping its promise to be a leaner, meaner business, semiconductor supplier Intel took a major step earlier this week by selling over half of its FPGA unit Altera to Silver Lake, a technology ...
Network World

Intel’s Altera spinout launches FPGA products, software

Altera – Intel’s standalone company focused on FPGA hardware – introduced an array of FPGA hardware, software, and services at its annual developer conference. Nine months ago, Intel spun out Altera ...