E
Intel will sell its majority stake in Altera.
The investment firm Silver Lake will purchase 51 percent of Altera, a programmable chips company Intel acquired in 2015, for $4.46 billion.
The deal comes less than a month after Lip-Bu Tan took over as Intel’s CEO, reportedly with plans to overhaul the struggling chipmaker’s manufacturing business.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- It’s not just LG. Every TV company is spying on you
- OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
- Gemini went rogue, hacked three companies, and Google hid it
- The 2.5-hour AI-generated Odyssey movie is 2.5 hours too long
- The Apple Watch Series 12 is the start of a new wearable era











