Altera in negotiation on private equity partner
Intel expects to see a partnership with private equity on the spin out of its Altera FPGA business later this year.
The FPGA division saw revenue down in the first quarter as a result of excess inventories highlighted by CEO Sandra Rivera, see: CEO interview: Sandra Rivera of Altera on the move to Intel 18A
“This quarter, we formally rebranded our Programmable Solutions Group, “Altera, an Intel Company,” said Dave Zinsner, Intel chief financial officer. “We look forward to bringing in a private equity partner this year to help prepare the company for an IPO in the coming years.”
To read the full article, click here
Related Semiconductor IP
- 8MHz / 40MHz Pierce Oscillator - X-FAB XT018-0.18µm
- UCIe RX Interface
- Very Low Latency BCH Codec
- 5G-NTN Modem IP for Satellite User Terminals
- 400G UDP/IP Hardware Protocol Stack
Related News
- ATEME announces a 4 million Euro investment by XAnge Private Equity and Ventech
- Tower Semiconductor Expands Its Previously Announced Equity Private Placement and Raises Approximately $11 Million
- SafeNet to be Acquired by Private Equity Firm Vector Capital for $634 Million
- SMSC Issues Statement in Response to Announcement by Conexant of Receipt of Unsolicited Proposal from Golden Gate Private Equity, Inc.
Latest News
- Alchip Reports ASIC-Leading 2nm Developments
- AI Demand Drives 4Q25 Global Top 10 Foundries Revenue Up 2.6% QoQ; Samsung Gains Share and Tower Moves Up in Rankings
- GlobalFoundries Announces Availability of AutoPro150 eMRAM Technology on Enhanced FDX Platform for Advanced Automotive Applications
- Axiomise Launches nocProve for NoC Verification
- CAST Debuts TSN-EP-10G IP for High-Performance, Time-Sensitive Networking Ethernet Designs