SILVER LAKE

Apr 15 2025BUSINESS

Intel's Strategic Shift: Altera's New Chapter

Intel is making a big move to reshape its business. The company has decided to sell most of its Altera chip division to the investment firm Silver Lake. This deal is worth a whopping $8. 75 billion. Altera is known for making chips used in wireless tech, cars, and other gadgets. This sale is a significant change from Intel's past strategy. Back in 2015, Intel bought...

reading time about 1 minute
Apr 14 2025BUSINESS

A New Chapter for Intel's Altera Division

A major shift is happening at Intel. The tech giant has decided to sell a big chunk of its Altera division. This move is part of a broader strategy to turn things around. Intel is selling 51% of Altera to a company called Silver Lake. The deal is worth a whopping $4. 46 billion. This is a significant step for Intel, especially under its new leadership. This sale is ...

reading time about 1 minute