A profile of Silver Lake co-CEO Egon Durban, who brokered EA's takeover with Jared Kushner, after the PE firm's high-stakes Endeavor, Altera, and TikTok deals
Dealmaker's $55bn takeover of Electronic Arts follows a spree of high-stakes transactions from TikTok to Endeavor
Sources: banks are providing Silver Lake $2B in debt for its 51% acquisition of Altera; Intel will receive ~$3.4B in cash from Silver Lake as part of the deal
Bloomberg :
Intel says it will sell a 51% stake in Altera to Silver Lake, valuing the programmable chip unit at $8.7B; Intel bought Altera for $15B in 2015
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.
Sources: Intel shortlists buyout firms for the next round of bidding for its Altera unit, including Francisco Partners, Silver Lake, and Lattice Semiconductor
Bloomberg :
Sources: Intel shortlists buyout firms for the next round of bidding for its Altera unit, including Francisco Partners, Silver Lake, and Lattice Semiconductor
Bloomberg : Bluesky: @cbrisson Bluesky: Chris Brisson / @cbrisson : Monopoly power is the order of the day, so I expect AMD to add Altera to its portfolio.
Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B
Intel is looking to sell at least a minority stake in its Altera subsidiary that would raise several billion dollars in cash …
Altera's CEO denies a report that Intel plans to outright sell Altera, saying the plan to sell a stake in Altera and push for an IPO by 2026 “has not changed”
Intel plans to turn its programmable chip unit created from its Altera acquisition into a standalone business, by selling shares publicly or seeking an investor
Intel completes $16.7B Altera deal, its largest acquisition ever
Intel Completes Acquisition of Altera — $16.7 billion deal underscores Intel CEO's plan to expand chip maker's business — Intel Corp. on Monday completed its biggest-ever acquisition, a deal that...
Intel Agrees to Buy Altera for $16.7 Billion
On-again-off-again deal is latest acquisition in active semiconductor sector — Intel Corp. agreed to buy Altera Corp. for roughly $16.7 billion in cash, a long-discussed deal seen helping Intel defe...