(Reuters) - Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion (£11 billion) as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by ...

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 Corp. and its subsidiary Altera today unveiled a range of new processors and field-programmable gate arrays or FPGAs designed to extend artificial intelligence capabilities to the network edge.

Intel Corporation (NASDAQ: INTC) initiated a significant portfolio reshaping with the announcement on Apr. 14, 2025, that it ...

Semiconductor giant Intel (NASDAQ: INTC) agreed earlier this year to sell a majority stake in FPGA designer Altera to an investment firm. Intel paid $16.7 billion for Altera back in 2015, but it was ...

Consolidation in the semiconductor industry continues to heat up, with Intel announcing Monday that it plans to acquire Altera for $16.7 billion. Under terms of the deal, Intel will pay $54 a share in ...

This Fool notes a couple of red flags in Intel's recent massive purchase of Altera. The first, according to the chip giant, is that by transitioning Altera's existing stand-alone FPGA products to ...

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 Corp., the Santa Clara microprocessor giant and pillar of Silicon Valley, joined the merger wave sweeping through the industry by agreeing to purchase smaller chip maker Altera Corp. for $16.7 ...

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 ...

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 ...

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 ...