Intel Sells Majority Stake in Altera to Private Equity Firms

April 14, 2025, 6:20 pm

Two separate reports confirm that Intel is offloading a major stake in its FPGA unit, Altera, to a private equity firm as part of a strategic restructuring. The news highlights Intel's move to divest 51% of the company in order to streamline its operations amid intensifying competition in the semiconductor industry. Valuations reported differ—with one source citing an $8.75 billion figure and another mentioning $4 billion—yet both emphasize the significance of this financial maneuver and its implications for the industry's ongoing consolidation.

techinasia.com / Intel to sell 51% stake in its chip business for $4.46b

This agreement values Altera at US$8.75 billion, significantly lower than the US$17 billion Intel paid for the unit in 2015.

theregister.com / Intel flogs off majority stake in Altera to private equity for $4B

Buy high, sell low: FPGA biz cost x86 giant $16B decade ago A decade after gobbling up Altera, Intel is loosening its grip. On Monday, the x86 giant said it's flogging a 51 percent stake in the FPGA slinger to private equity firm Silver Lake.…

permalink / 2 stories from 2 sources in 7 days ago #vc #hardware #semiconductors #chips

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Intel Sells Majority Stake in Altera to Private Equity Firms

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