The investment firm Silver Lake will purchase 51 percent of Altera — the programmable chips company Intel acquired in 2015 — for $4.46 billion. The deal comes less than a month after Lip-Bu Tan took ...

Intel is selling a controlling stake in Altera. While the company is accepting a lower value for the unit than what it ...

Intel Corporation today announced that it has entered into a definitive agreement to sell 51 percent of its Altera business ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

Intel is selling its controlling stake in FPGA maker Altera to private equity firm Silver Lake, a move which brings to a ...

Intel Corp. (INTC) shares rallied 3% on Monday after the chipmaker announced it would sell 51% of its Altera business to ...

Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to ...

The deal, announced on Monday, values Altera at $8.75 billion, a sharp decline from the $17 billion Intel paid in 2015. The ...

Intel said Monday it will sell a 51% stake in its programmable-chip unit Altera to private equity firm Silver Lake, marking a ...

In its first major move under new CEO Lip-Bu Tan, Intel is selling a 51 percent stake in Altera to Silver Lake for $4.46 ...

Intel is selling a 51% stake in Altera to Silver Lake for $4.46 billion, aiming to refocus on core business areas.

"Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our ...