Silver Lake nears deal for majority stake in Intel's Altera unit, Bloomberg News reports
Buyout firm Silver Lake is in exclusive talks to purchase a majority stake in Intel's programmable chip business Altera, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
Intel shares jump as contours of possible breakup take shape
Intel appears to be closing in on a plan to break up the company, lining up outside investment to split its chip design business from its semiconductor manufacturing arm. The chipmaker’s stock has ...
Intel Could Soon Sell Majority Stake in Its Altera Programmable Chip Unit
Key Takeaways Intel is in advanced talks to sell a majority stake in its Altera programmable chips unit, Bloomberg reported Tuesday.The development comes after reporting over the weekend that Broadcom ...