Intel to sell its majority stake in altera – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
E
External Link
Emma Roth
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.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Midjourney goes from generating cat images to full-body ultrasound scans
  2. Apple’s weird anti-nausea dots cured my car sickness
  3. Tim Cook says RAM expenses are ‘unsustainable’ and Apple is going to raise prices
  4. This Ghost in the Shell keyboard makes me want to activate the hundred spidery robot fingers inside my regular fingers
  5. Amazon employees say they’re facing termination for backing data center limits

More in News

Firefox’s new home page widgets are helping me focusFirefox’s new home page widgets are helping me focus
The Onion’s rebooted InfoWars is coming July 2ndThe Onion’s rebooted InfoWars is coming July 2nd
Google Calendar finally has more color options for eventsGoogle Calendar finally has more color options for events
Adobe’s redesigned AI studio remembers what your creations look likeAdobe’s redesigned AI studio remembers what your creations look like
Photoshop and Premiere now have AI assistantsPhotoshop and Premiere now have AI assistants
Midjourney goes from generating cat images to full-body ultrasound scansMidjourney goes from generating cat images to full-body ultrasound scans

Top Stories