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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... - https://slashdot.org/story/25/04/14/1943245/intel-to-sell-majority-stake-in-altera-for-446-billion-to-fund-revival-effort?utm_source=rss1.0mainlinkanon&utm_medium=feed #intel
slashdot.orgIntel To Sell Majority Stake In Altera For $4.46 Billion To Fund Revival Effort - SlashdotIntel 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 reports: The deal, announced on Monday, values A...