Intel to sell 51% stake in Altera to Silver Lake
Intel announced on Monday that it will sell a 51% stake in its programmable chip division, Altera, to private equity firm Silver Lake, assigning the unit a valuation of $8.75 billion. The deal marks a strategic move by Intel to unlock value from i...
By Reuters | Updated:
Reuters
Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion.
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