Attendees visit the Intel exhibition stage during the 2015 International Consumer Electronics Show Asia in Shanghai, May 25, 2015. REUTERS/Aly Song By Lehar Maan and Liana B. Baker (Reuters) - Intel ...
Intel (INTC) said it will buy fellow chip maker Altera (ALTR) for $54 a share in an all-cash transaction valued at approximately $16.7 billion that will allow it to expand behind chips for personal ...
Intel has agreed to buy smaller chipmaker Altera for $16.7 billion, the company said on Monday, as it seeks to expand beyond chips for servers and computers. This is the third big deal in the ...
Ben Fox Rubin was a senior reporter for CNET News in Manhattan, reporting on Amazon, e-commerce and mobile payments. He previously worked as a reporter for The Wall Street Journal and got his start at ...
Intel has entered a deal to offload 51% of its stake in Altera, a specialised chipmaker focusing on programmable logic devices, to Silver Lake investment firm. Before it was owned by Intel, Altera and ...
Chip design cycles -- as well as capital cycles -- indicate that Intel isn't trying to "fill fabs" with its Altera purchase. This is a sentiment that is surprisingly common, but I believe it's ...
Intel (NASDAQ: INTC) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in 2015, to investment firm Silver Lake. While Intel will retain a 49% stake ...
SAN FRANCISCO -- Wall Street began slashing first-half profit estimates on Intel well before reports surfaced that the leading seller of computer chips was looking to acquire a smaller rival to boost ...
Why is Intel paying $16.7 billion for Altera when it might have bought larger rival Xilinx for less? Hint: buyout price tags aren't set in stone. The rumors resurfaced again in the past week, and the ...
SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--Intel Corporation (NASDAQ: INTC) and Altera Corporation (NASDAQ: ALTR) today announced a definitive agreement under which Intel would acquire ...
While there are some that do not believe that Intel will have to press ahead with its rumoured buy out of rival Altera, there are signs that it might not have a choice. Wall Street began slashing ...
(Reuters) - Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up ...