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FOUND: 3 - You Need To See This

Intel spinoff Altera faces lay offs — 82 staff let go after Intel sold majority stake for $4.46 billion earlier this year

FPGA developer Altera will cut 82 San Jose jobs in October 2025 as part of a strategic shift following its sale by Intel and a strategic realignment under new leadership.

Tom’s Hardware

Strategic Reset Begins: Intel Sells Controlling Stake in Altera

Intel divests its Altera majority stake to Silver Lake, focusing resources on core priorities and its ambitious foundry expansion.

MarketBeat

Intel sells majority of its FPGA business to Silver Lake for just under $4.5 billion - here's what you need know

Intel sells 51% of its FPGA business to Silver Lake so it can focus on its core products.

TechRadar

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Intel sells 51% of Altera FPGA business to Silver Lake for $4.46 billion

Intel is selling a 51% stake in Altera to Silver Lake for $4.46 billion as part of a strategy to streamline operations and focus on core products.

Tom’s Hardware

Intel agrees to $4.46 billion sale of majority stake in Altera to Silver Lake — "Sharpening our focus, lowering our expense structure"

Intel's CEO calls it a "commitment to sharpening our focus" as the company continues its revitalization efforts in the United States.

Windows Central

Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global

The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities, and is expected to close just prior to the finalization of the take-private deal.

International Business Times

Automattic CEO and WordPress co-creator calls rival "a cancer" in alarming claim

Matt Mullenweg’s company apparently contributes nearly 100x more to the WordPress project than WP Engine.

TechRadar

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Luminate Capital scores first acquisition for Fund IV, buying AbsenceSoft

Haynes’s Luminate Capital is more than halfway to $1.5 bln Fund IV target

Fortune

Private equity firms have $1.2 trillion to spend on NFL teams. Will the league finally let them?

The NFL may change its rules to let private equity firms purchase minority team stakes. Here’s a list of potential buyers.

Fortune

Private Equity Firm To Take Endeavor Private for $13 Billion

Silver Lake to pay $27.50 a share in cash

Broadcasting & Cable

In 40 years as a founder-CEO, Michael Dell turned his dorm-room PC company into a tech giant. Can he cash in on the AI boom?

Dell has reinvented his company multiple times. Now he says he has the tools the Fortune 500 needs for the next data revolution.

Fortune

Bosnich questions A-Leagues' finances amid staff cuts

Former Socceroos goalkeeper Mark Bosnich is searching for answers over the state of the A-Leagues' finances.

AAP

Investment fund links to Atlanta police and ‘Cop City’ project revealed

Roark Capital and Silver Lake Management have a web of connections to the Atlanta police foundation, Cop City and surveillance in the city

The Guardian - US

US private equity firm Silver Lake increases investment in Manchester City owner

Sheikh Mansour bin Zayed Al Nahyan also increased his stake as the controlling shareholder

Birmingham Post

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The Guardian - UK

Australian rugby union upbeat despite lean times as ‘golden decade’ looms

Wallabies and Rugby Australia have cause for optimism as England Test series arrives after a chastening period

The Independent UK

New Zealand Rugby to sign commercial deal with Silver Lake

New Zealand Rugby has been given approval to sign a ground-breaking deal with private equity firm Silver Lake which will bring a cash windfall but which some observers fear may threaten the “special bond” between New Zealanders and the All Blacks national team

Benzinga

Twitter Refuses To Let Go Board Member Egon Durban - Read Why

Twitter, Inc (NYSE:TWTR) refused to remove Silver Lake co-CEO Egon Durban from its board after failing to win the support of the necessary majority of Twitter investors. The board considered Durban a highly influential member bringing an unparalleled operational knowledge of the industry, a unique perspective, and an invaluable skill set and experience…

ABC News

Twitter adopts 'poison pill' defence as challenger to Elon Musk's takeover bid emerges

Twitter adopts a "defensive measure" limiting Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerges to challenge his $58 billion bid for the company.

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Benzinga

The Company Bob Iger Joined After Leaving Disney Is Now Worth $1B: Inside Genies Latest Raise And What's Next

A leading metaverse company announced a new funding round to take the company to a $1 billion valuation and scale the company’s growth plans.

Benzinga

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Jack Ma's Alibaba Group Holding Ltd (NYSE:BABA) affiliated fintech Ant Group's Hong Kong listing got postponed indefinitely as the bankers remained concerned over China's continued crackdown on the domestic tech sector, the Infomation reports. The weakness of publicly traded Chinese tech stocks, including Alibaba, has made it difficult for Ant and its stakeholders.…

AAP

NZ Rugby agrees to whopping funding deal

American private equity firm Silver Lake will invest an initial $NZ200m into NZ Rugby in a groundbreaking deal announced by the governing body on Thursday.

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