Recent #Altera news in the semiconductor industry

6 months ago

➀ Lattice Semiconductor Corp. is considering a full acquisition bid for Altera, a subsidiary of Intel.

➁ Lattice is working with advisors and seeking private equity support to explore potential acquisition opportunities.

➂ Francisco Partners, Bain Capital, and Silver Lake Capital are also studying investment intentions for Altera.

➃ The acquisition offer for Altera is expected to be proposed before the Thanksgiving holiday in the US next Thursday.

➄ Due to the relatively smaller size of the acquirer, Lattice's attempt to control Altera may be difficult to achieve.

➅ Intel has reiterated its plan to consider selling a minority stake in Altera to investors before an IPO.

AlteraIntelLattice Semiconductor
7 months ago

➀ Intel is seeking investors to acquire a minority stake in its programmable chip subsidiary Altera, valuing it at around $17 billion;

➁ This move comes after Intel has faced significant stock price declines and a long-term decline in market share;

➂ Intel's CEO Pat Gelsinger had previously stated that the business was a core part of Intel's future development, but the company is now considering a sale.

AlteraIntelsemiconductor
9 months ago
➀ Intel is reportedly considering selling its programmable chip division, Altera, as part of a cost-cutting plan. ➁ The potential buyer could be Marvell, a leading networking IC design company. ➂ Intel's CEO, Pat Gelsinger, is set to present the cost-cutting plan to the board later this month, which may include halting or stopping expansion projects in Germany.
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