Intel Sells 51% of Altera to Silver Lake

Catenaa, Monday, April 14, 2025– Intel has agreed to sell a 51% stake of Altera programmable chip to Silver Lake for $4. 46 billion, to cover losses by selling non-central businesses and assets. The deal, announced on Monday, values Altera at $8. 75 billion, a sharp decline from the $17 billion Intel paid in 2015. Intel will […] source: https://investors.catenaa.com/news/intel-sells-51-of-altera-to-silver-lake