Hosted on MSN

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 ...
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 ...
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 ...
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 ...
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 ...
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 ...