Intel To Sell Majority Stake In Altera For $4.46 Billion To Fund Revival Effort
Intel will sell a 51% stake in its Altera programmable chip unit to private equity firm Silver Lake for $4.46 billion, aiming to cut costs, raise cash, and streamline the company’s focus as it shifts toward becoming a contract chip manufacturer. CNBC r… Continue reading Intel To Sell Majority Stake In Altera For $4.46 Billion To Fund Revival Effort