Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a ...

Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its ...

Intel, now under the leadership of new CEO Lip-Bu Tan, has been facing a number of challenges in recent years, to the point ...

Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to ...

The sale of 51% stake to Silver Lake is in order to accelerate Altera’s independence and leadership in programmable semiconductor solutions.

"Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

The companies announced the deal today. The transaction values Altera at $8.75 billion, just under half what Intel paid to ...

Intel is selling its controlling stake in FPGA maker Altera to private equity firm Silver Lake, a move which brings to a ...

Silver Lake, the global leader in technology investing, announced today the expansion of its senior leadership team. Karen King, a deeply respected Silver Lake executive who joined the firm over 21 ...

Read about Silver Lake's move to buy a 51 percent stake in Intel's FPGA semiconductor business Altera and Intel's appointment of Raghib Hussain as Altera's CEO.