Intel fpga acquisition. Missteps and Challenges 1.
Intel fpga acquisition. Sep 15, 2025 · Altera Corporation, a leader in FPGA innovations, today announced that Silver Lake, a global leader in technology investing, has completed its acquisition of a 51% stake in the company from Intel Corporation, which will retain a 49% stake, underscoring shared confidence in Altera’s growth. This acquisition strengthened Intel’s competitive edge against rivals like Nvidia and AMD in data-centric computing. Apr 14, 2025 · Intel is selling its controlling stake in FPGA maker Altera to private equity firm Silver Lake, a move which brings to a conclusion months of rumors and speculation about what Intel would do with Altera, a company it acquired in 2015 and spun out as a fully-owned but otherwise independently operating firm at the beginning of this year. The combination is expected to enable new classes of products that meet customer needs in the data center and Internet of Things (IoT) market Apr 14, 2025 · Raghib Hussain appointed chief executive officer of Altera. -- (BUSINESS WIRE)-- Intel Corporation today Altera Corporation is a manufacturer of programmable logic devices (PLDs) headquartered in San Jose, California. During the FPGA Vision Webcast, Chief Executive Officer Sandra Rivera and Chief Operating Officer Shannon Poulin unveiled their strategy to secure leadership across a $55 billion-plus market opportunity; to expand the company's portfolio, including the only FPGA with AI built into the fabric Dec 28, 2015 · The transaction closed December 28, 2015. ’s programmable chip business unit Altera, having apparently Oct 3, 2023 · If Intel can IPO for, say 2/3*$50B=$33B, thats a decent ROI for the acquisition. Apr 18, 2025 · Intel's acquisition of Altera in 2015 for $16. 7 billion in 2015. Intel acquired Altera, a producer of FPGAs, in 2015. Sale of 51% stake to Silver Lake to accelerate Altera’s independence and leadership in programmable semiconductor solutions. april 14, 2025 published corporate hideshow image raghib hussain appointed chief executive officer of altera. 7 billion. SANTA CLARA, Calif. Jun 1, 2015 · Intel Corp <INTC. -- (BUSINESS WIRE)-- Intel Corporation (“Intel”) today announced that it has completed the acquisition of Altera Corporation (“Altera”), a leading provider of field-programmable gate array (FPGA) technology. Advances Intel’s strategy to focus on its core business and strengthen its financial position. Intel had indicated its intent to establish a standalone company for the group in October 2023. Apr 15, 2025 · 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. Dec 13, 2024 · The acquisition of Altera expanded Intel’s footprint in the data center market and provided access to field-programmable gate arrays (FPGAs), critical for applications requiring real-time processing. 75 billion, losing about half of its value since it was acquired by Intel for $16. 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. Feb 19, 2025 · The private equity firm Silver Lake Partners LP is reportedly in advanced talks over the purchase of a majority stake in Intel Corp. The deal values Altera at $8. 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 Dec 28, 2015 · SANTA CLARA, Calif. The stake it has sold is about a third to a quarter of the cost of a modern foundry, which is coming close to $20 billion depending on how you count the costs Deliver AI at scale across cloud, data center, edge, and client with comprehensive hardware and software solutions. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments. Intel to sell 51% of Altera to Silver Lake, valuing the FPGA leader at $8. Jan 9, 2025 · When Intel acquired Altera for $16. 75B. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things Oct 3, 2023 · (Bloomberg) -- Intel Corp. 75 billion. Jun 1, 2015 · The acquisition will couple Intel’s leading-edge products and manufacturing process with Altera’s leading field-programmable gate array (FPGA) technology. & MENLO PARK, Calif. In the turn of the 2010s, Intel went on another acquisition binge, spending $10 billion acquiring Infineon's Wireless Solutions business, security software developer McAfee, among others. From a revenue perspective, FPGAs represent a small portion of Intel’s sales and get little corporate marketing attention. Sep 12, 2024 · Intel’s plan to spin off its Altera programmable chip business and pursue an initial public offering (IPO) by 2026 remains unchanged, despite recent speculation about the company potentially Feb 29, 2024 · What’s New: Today, Intel announced the official launch of Altera, its new standalone FPGA company. The acquisition will couple Intel’s leading-edge products and manufacturing process with Altera’s leading field-programmable gate array (FPGA) technology. , april 14, 2025 – intel corporation today announced that it has entered into a definitive agreement to sell 51% of its altera business to Apr 15, 2025 · A slashed valuation Intel's acquisition of Altera in 2015 was valued at $16. The company has been operating as Intel’s Programmable Solutions Group (PSG). The combination is expected to enable new classes of products that meet customer needs in the data center and Internet of Things (IoT) market segments. Apr 14, 2025 · Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera’s future success while focusing on its core business. ; and menlo park, calif. Apr 15, 2025 · It is amazing, in fact, that Intel did not sell a full stake in Altera to Silver Lake or perhaps several private equity firms and hedge funds working in concert. “Altera is now Intel Corporation (“Intel”) today announced that it has completed the acquisition of Altera Corporation (“Altera”), a leading provider of field-programmable gate array (FPGA) technology. 75 billion highlights the acquisition's failure to deliver on its initial promise. The deal with Silver Lake values the FPGA company at just $8. 7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of Intel Corporation (“Intel”) today announced that it has completed the acquisition of Altera Corporation (“Altera”), a leading provider of field-programmable gate array (FPGA) technology. O> agreed to buy Altera Corp <ALTR. Jun 1, 2015 · The acquisition will couple Intel's leading-edge products and manufacturing process with Altera's leading field-programmable gate array (FPGA) technology. The move establishes Altera as the largest pure-play FPGA company, driving innovation in AI, edge computing, and next-gen programmable solutions. Oct 4, 2023 · Intel continued to operate as a microprocessor company after acquiring Altera in 2015. Missteps and Challenges 1. While Intel will retain a 49% stake in the company, it will relinquish operational control as Altera becomes an independent, pure-play FPGA provider. Dec 28, 2015 · SANTA CLARA, Calif. 46 billion as part of a strategy to streamline operations and focus on core products. A major haircut certainly makes Apr 14, 2025 · Intel is selling a 51% stake in Altera to Silver Lake for $4. in this article: santa clara, calif. This Smart News . 7bn deal, to help the chip maker become a leader in Internet of Things (IoT) and data centre technologies. Intel’s Xeon server processors pull in the big bucks, and the company’s marketing reflects that. Intel also announced that Raghib Hussain will succeed Sandra Rivera as chief executive officer of Altera, effective May 5, 2025. However, the recent deal valuing Altera at $8. Apr 15, 2025 · Ailing chip giant Intel has sold a majority stake in FPGA maker Altera to private equity group Silver Lake. ; san jose, calif. & SAN JOSE, Calif. Intel acquired Altera nearly a decade ago as part of a plan to capture more Apr 16, 2025 · Intel Corp announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing. It was founded in 1983 and acquired by Intel in 2015 before becoming independent once again in 2025 as a company focused on development of field-programmable gate array (FPGA) technology and system on a chip FPGAs. Intel took over Altera for $16. plans to turn its programmable chip division into a standalone business and sell shares to the public or seek an investor for it, part of Chief Executive Officer Pat Jun 2, 2015 · Intel has announced the acquisition of field-programmable gate array (FPGA) technology firm Altera in a $16. And of course, PSG will continue to use Intel Foundry Services to fabricate it’s products. 7 billion aimed to integrate Altera's Field-Programmable Gate Arrays (FPGAs) with Intel's server CPUs to capture growth in the data center market. Intel Launches Stand-alone FPGA Firm Altera Intel has launched Altera, a standalone field gate array (FPGA) company. Intel’s need for money to invest in its foundry business is that great. 7 Apr 14, 2025 · intel announces strategic investment by silver lake in altera. O> for $16. oftcrpnso0djcmsosdun9js23ksnhvszgefa4qq8pm1w0m