Intel Corporation has entered into a definitive agreement to sell 51% of its Altera Corp. business to Silver Lake, a global leader in technology investing. The transaction, which values Altera at $8.75 billion, establishes Altera's operational independence and makes it the largest pure-play FPGA (field programmable gate array) semiconductor solutions company. Altera offers a highly scalable [...] The post Intel Strategic Investment by Silver Lake in Altera appeared first on StorageNewsletter.
Intel is a California-based multinational company that designs and manufactures products such as microprocessors, motherboards, and storage devices for PCs and smartphones.