Intel inks $17B Altera buy

Intel confirmed its anticipated acquisition of semiconductor company Altera, with a definitive agreement signed for an approximately $16.7 billion all-cash deal. In a statement, Brian Krzanich, CEO of Intel, said: “Intel’s growth strategy is to expand our core assets into …

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Intel’s Altera aspiration could resurface in June – report

Intel could launch another run at takeover target Altera after a “standstill agreement” expires on 1 June, according to Reuters. An agreement was put in place between the two companies when they previously engaged in talks, which subsequently came to …

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Altera knocks back Intel offer – reports

Altera, a specialist in programmable chips – and an Intel takeover target – reportedly called off discussions with the US chip giant due to disagreement over valuation. According to Bloomberg, Intel offered Altera around $54 per share, which is a …

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