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Intel to Sell 51% Altera Stake to Silver Lake Amid Cost Cuts (Bloomberg)
Bloomberg: Intel to Sell 51% Altera Stake to Silver Lake Amid Cost Cuts … The transaction values Altera at $8.75 billion, according to a statement on Monday, about half what Intel paid for it a decade ago. Intel will continue to hold a 49% stake in the business. The deal is expected to close in the second half of 2025.
Bloomberg:
Intel to Sell 51% Altera Stake to Silver Lake Amid Cost Cuts … The transaction values Altera at $8.75 billion, according to a statement on Monday, about half what Intel paid for it a decade ago. Intel will continue to hold a 49% stake in the business. The deal is expected to close in the second half of 2025.
