Intel Stock News

The deal values Altera at $8.75 billion and Intel will retain a 49% stake in the business.

Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm.

Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion.

SANTA CLARA, Calif. & SAN JOSE, Calif. & MENLO PARK, Calif.--(BUSINESS WIRE)--Intel Corporation has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing.

Intel US4581401001 verkauft die Mehrheit an seinem Geschäft mit programmierbaren Chips Altera an die Investmentfirma Silver Lake Management.

Das Intel US4581401001-Gelände bei Magdeburg wird wieder landwirtschaftlich genutzt.

Der kriselnde Chip-Riese Intel US4581401001 steht offenbar kurz vor dem Verkauf eines Anteils an seinem Geschäft mit programmierbaren Chips.

Shares of Intel Corp (NASDAQ:INTC, ETR:INL) and Texas Instruments Inc (NASDAQ:TXN) slumped on Friday after China clarified that retaliatory tariffs on US goods would not apply to semiconductors manufactured outside the U.S., such as those made in Taiwan. Intel dropped 3.5% and Texas Instruments tumbled nearly 6.7%, while ON Semiconductor slid 3.6%, as investors digested guidance from China's ma...