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MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

UNBELIEVABLE: Strategic reset begins intel sells controlling stake in altera - Caught on Camera

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.

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Through this transaction, the buyer, private equity firm Silver Lake, a global technology investor, sets Altera's total enterprise value at $8.75 billion.

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