Strategic Reset Begins: Intel Sells Controlling Stake in Altera
Intel Corporation NASDAQ: INTC initiated a significant portfolio reshaping with the announcement on Apr. 14, 2025, that it has entered into a definitive agreement to sell a 51% controlling interest in its Altera programmable chip business. Intel TodayINTCIntel17.67▼25.38Add to WatchlistThrough this transaction, the buyer, private equity firm Silver Lake, a global technology investor, sets Altera's total enterprise value at $8.75 billion.Get Intel alert ...