Intel Corp announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a ...

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, ...

Intel ( INTC -2.90%) announced on Monday that it had agreed to sell a 51% stake in Altera, the FPGA specialist it acquired in ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its ...

The Silver Lake investment firm portfolio companies deliver $252 billion of revenue annually.

Intel said Monday it has found a buyer to take a majority stake in Altera, its programmable chip business, partially ...

Intel named a new CEO last month, tapping long-term industry vet Lip-Bu Tan to run the struggling company. Tan previously served as CEO at Cadence Design Systems, which provides software and hardware ...

The semiconductor company said it will own 49% of the Altera business, which it added will allow it to participate in ...

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a ...

Intel (NASDAQ:INTC) is doubling down on its core x86 business under the direction of new CEO Lip-Bu Tan, who has emphasized ...

"Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our ...