Intel is selling its 51% stake in Altera, for presumably a few billion, to private firm with over $104 billion in investments
Intel has entered a deal to offload 51% of its stake in Altera, a specialised chipmaker focusing on programmable logic devices, to Silver Lake investment firm. Before it was owned by Intel, Altera and Intel worked together on several projects often using each other’s technologies. It wasn’t until 2015 when Intel acquired Altera for $16.7…