Intel To Sell 51% Of Altera To Silver Lake In $8.75 Billion Deal As Turnaround Accelerates

Apr 14th 2025 9:15am EDT

Intel To Sell 51% Of Altera To Silver Lake In $8.75 Billion Deal As Turnaround Accelerates Intel has reached a definitive agreement to sell a 51% stake in its programmable chip unit, Altera, to Silver Lake Management for $8.75 billion, marking the latest step in its ongoing turnaround strategy. The transaction aims to reduce Intel’s expenses and […]

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