Silver Lake in talks to buy majority stake in Intel's Altera unit, sources say

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Silver Lake in talks to buy majority stake in Intel's Altera unit, sources say

_{//business-finance.news-articles.net/content/202 .. ty-stake-in-intel-s-altera-unit-sources-say.html}
^{Published in Business and Finance on Tuesday, February 18th 2025 at 21:41 GMT by MSN}

By Juby Babu and Milana Vinn (Reuters) -Buyout firm Silver Lake is in exclusive discussions to purchase a majority stake in Intel's programmable chip business, Altera, a person familiar with the matter told Reuters on Tuesday.

Silver Lake, a private equity firm, is in discussions to acquire a majority stake in Intel's programmable chip unit, Altera, according to sources familiar with the matter. This potential deal could value Altera at over $10 billion. Intel had previously acquired Altera for $16.7 billion in 2015, aiming to expand its capabilities in the programmable logic market. The talks come as Intel looks to streamline its operations and focus on its core businesses, potentially divesting non-core assets. If the deal goes through, it would mark a significant move for Silver Lake, known for its investments in technology companies, and could reshape the competitive landscape in the semiconductor industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/silver-lake-in-talks-to-buy-majority-stake-in-intel-s-altera-unit-sources-say/ar-AA1zk7UP ]

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