Altera officially announces independence from Intel — the …
2 days ago · When Intel acquired Altera for $16.7 billion in its largest acquisition in 2015, the company pinned a lot of hopes on the FPGA developer as a way to diversify its revenue streams and possibly ...
Who will get Altera in 2025? - EDN
Dec 23, 2024 · A successful outcome will provide Intel with a much-needed cash boost and offer Altera greater independence to proactively innovate in the FPGA design realm. Related Content. Intel to Buy Altera for $16.7B; Intel, Altera End Acquisition Talks; Intel to Accelerate Altera, Says CEO; The State of the FPGA Union is Uncertain
FPGA company Altera announces independence from Intel
1 day ago · Posting on X, formally Twitter, Altera said: “Today (January 7) marks a proud milestone as we officially raise the Altera flag as an independent FPGA company!We're excited to drive the future of innovation with agility and focus, shaping the next era of #FPGA technology…” Altera was originally a chip manufacturing company that was acquired by Intel in 2015 for $16.7 billion and merged ...
Intel to Make Altera Unit Into Standalone Business, Seek IPO
Oct 3, 2023 · The division — called the Programmable Solutions Group, or PSG — will become an independent entity starting Jan. 1, Intel said in a statement Tuesday. The business, whose chips can be customized...
Intel Launches Altera, Its New Standalone FPGA Company
Feb 29, 2024 · Altera’s FPGAs (field-programmable gate arrays) provide flexible solutions to better address changing market demands, such as seamlessly integrating critical AI inferencing capabilities, and to better intercept evolving standards, …
Intel aims to net billions in Altera stake sale, targeting $17 billion ...
Nov 5, 2024 · Buyout firms Silver Lake and Bain Capital are among the potential suitors that are likely to compete to acquire a minority stake in Altera, the programmable chips business that Intel acquired for nearly $17 billion in 2015, according to people familiar with …
Intel spins off Altera: A standalone FPGA company under Intel …
Mar 1, 2024 · Just like it announced in October, Intel has spun off its programmable solutions group into a standalone FPGA company that regains its historical name, Altera. Intel took over Altera for $16.7...
Intel seeks billions for minority stake in Altera business, sources say
Oct 18, 2024 · Intel purchased Altera for $16.7 billion in 2015. Following a steep drop in its stock price and extended stretch of market share losses, Intel has been looking to make drastic …
Intel CEO's cost-cutting pitch to include Altera spin-out and …
Sep 2, 2024 · The plan will include ideas on how to shave overall costs by selling businesses, including its programmable chip unit Altera, that Intel can no longer afford to fund from the company’s once ...
Exclusive: Altera CEO Says Intel’s IPO Plan For FPGA Unit ... - CRN
Sep 11, 2024 · Intel’s plan to sell a stake in its Altera programmable chip business and push for an initial public offering of the unit by 2026 “has not changed,” Altera’s CEO said Tuesday.