Analysts Cool on Intel/Altera Combo
Rick Merritt, EETimes
3/30/2015 02:40 PM EDT
On Friday, the Wall Street Journal and Reuters reported Intel was in talks to acquire Altera. The FPGA maker's stock shot up from $34.74 to $44.41 within thirty minutes, pushing the price of what would be Intel’s largest acquisition ever from $10 billion to $13 billion. Altera’s stock price cooled slightly Monday to about $42.
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