Bloomberg:

Intel to Sell 51% Altera Stake to Silver Lake Amid Cost Cuts … The transaction values Altera at $8.75 billion, according to a statement on Monday, about half what Intel paid for it a decade ago.  Intel will continue to hold a 49% stake in the business.  The deal is expected to close in the second half of 2025.

Bloomberg:

Intel to Sell 51% Altera Stake to Silver Lake Amid Cost Cuts … The transaction values Altera at $8.75 billion, according to a statement on Monday, about half what Intel paid for it a decade ago.  Intel will continue to hold a 49% stake in the business.  The deal is expected to close in the second half of 2025.

Source: TechMeme
Source Link: http://www.techmeme.com/250414/p7#a250414p7