Technology | 2015.06.02
Intel to Acquire Altera
SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--Intel Corporation (NASDAQ: INTC) and Altera Corporation (NASDAQ: ALTR) today announced a definitive agreement under which Intel would acquire Altera for $54 per share in an all-cash transaction valued at approximately $16.7 billion. The acquisition will couple Intel’s leading-edge products and manufacturing process with Altera’s leading field-programmable gate array (FPGA) technology. The combination is expected to enable new classes of p
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