◂ Announcements

Apr 14, 2025ACQUISITIONUnited States

Intel sells 51% of Altera to Silver Lake for $8.75B valuation

Intel Corporation agreed to sell 51% of its Altera business to Silver Lake, valuing Altera at $8.75 billion. Intel will retain 49% ownership. Raghib Hussain was appointed CEO of Altera, effective May 5, 2025.

Value

$8.75B

Status

Announced

ProductsFPGA semiconductor solutions

CompaniesIntel Silver Lake acquirer Altera target

Sectors#Semiconductors and Industrial Electronics

“Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake.”intel.com

1 source
intel.comIntel Announces Strategic Investment by Silver Lake in AlteraApr 14, 2025

Summarized from public sources; check the original articles before acting on it.

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Intel sells 51% of Altera to Silver Lake for $8.75B valuation · Endata