Intel, Altera Resume Acquisition Talks

Peter Brown, Electronics360
May 19, 2015

Microprocessor giant Intel Corp. is apparently back at the negotiating table in a bid to acquire programmable logic vendor Altera Corp.

Late in March, reports surfaced that Intel was looking to acquire the field programmable gate array (FPGA) company, chiefly to help its server microprocessor business. But negotiations broke down a few weeks later when the firms were unable to reach a deal on price.

Since then, Intel revealed it was expecting a mid-single digit percentage decline for the PC industry this year following soft sales in the first quarter, with an expected inventory correction later this year not likely to make up for the shortfall. In a bid to shore up its server business in the data center and cloud computing areas, Intel said in early May it will be teaming up with eASIC Corp. to improve performance and accelerate time to market of microprocessors in this market.

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