Items tagged with (nasdaq:altr)
Intel announced a $16.7 billion purchase of Altera Corporation today, promising that it will empower Intel to provide faster systems at lower costs. The cash acquisition values Altera at $54 per share and has been approved by the boards of both Altera and Intel.
“Intel’s growth strategy is to expand our core...
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Intel is reportedly attempting to negotiate a deal to acquire Altera, an American company that designs and manufacturers FPGAs, or field-programmable gate arrays. The figure that's out there is $10 billion, and if it happens, it would be Intel's largest acquisition ever. It would also help Intel expand its presence in...
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