Wednesday April 1, 2020

Intel agrees multibillion dollar deal to buy Altera

7th June, 2015
6
Brian Krzanich, Intel’s chief executiveBloomberg

Tech giant Intel has reached a deal to acquire Altera in a $54 per share all-cash deal valued at about $16.7 billion.

“Intel’s growth strategy is to expand our core assets into profitable, complementary market segments. With this acquisition, we will harness the power of Moore’s Law to make the next generation of solutions not just better, but able to do more.”

Brian Krzanich, Intel chief executive

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