Altera, which makes chips for AI, automation, and more, files confidentially for an IPO; Intel acquired it for ~$16.7B in 2015, and Silver Lake took 51% in 2025
Altera, a chipmaker backed by Silver Lake and Intel Corp., filed confidentially for an initial public offering.
Sources: Intel-backed Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise $2B+, with a listing as early as 2026
Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year
Silver Lake and Intel (INTC.O)-backed chipmaker Altera is preparing for an initial public offering that could raise over $2 billion as early as 2026 …
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.
Pat Gelsinger's retirement opens the door for Intel to consider fresh deal options, including splitting factory and product-design divisions and selling Altera
Like many, we woke to the news yesterday that Intel's CEO Pat Gelsinger is retiring. Financial Times : Intel's next boss faces a leap into the unknown Craig Hale / TechRadar : Pat Gelsinger retires as...
How Altera deployed up to 1,000 AI agents that used LLMs to interact in Minecraft, finding that they formed a remarkable range of personality traits and roles
The way scientific research is conceived is changing. Masha Borak / Biometric Update : AI model that copies human personality opens questions on deepfakes Adeeba Alam Ansari / MarkTechPost : Four Cutt...