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Intel Sells 51% Of Its Altera Business


A decade after Intel acquired FPGA maker Altera for $16.7 billion and recently working to make Altera an independent company, Intel announced today it has sold 51% of its Altera business in a deal that values that business at $8.75 billion.

Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 20,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software.

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