
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.
[content-module:CompanyOverview|NASDAQ:INTC]Through this transaction, the buyer, private equity firm Silver Lake, a global technology investor, sets Altera's total enterprise value at $8.75 billion.