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...
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
Left to their own devices, an army of AI characters didn't just survive — they thrived. They developed in-game jobs, shared memes …
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 …