Tuesday, December 29, 2015

Intel completes $16.7 billion Altera acquisition

Intel
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Intel confirmed Monday it acquired chip maker Altera in a $16.7 billion deal, the largest acquisition in Intel's history

Originally announced in June, the deal received the green light from the European Commission in October and is now complete.

Altera will operate as a new business unit within Intel, called the Programmable Solutions Group (PSG), led by Altera's former vice president Dan McNamara

Altera specializes in field-programmable gate arrays (FPGA), integrated circuits that can be reconfigured according to the user's needs after they leave the factory Read more...

More about Intel, Business, and Altera
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