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Intel Announces Strategic Investment By Silver Lake In Altera

ReutersApr 14, 2025 1:26 PM

April 14 (Reuters) - Intel Corp INTC.O:

INTEL ANNOUNCES STRATEGIC INVESTMENT BY SILVER LAKE IN ALTERA
INTEL: RAGHIB HUSSAIN APPOINTED CHIEF EXECUTIVE OFFICER OF ALTERA.
INTEL - ENTERED INTO A DEFINITIVE AGREEMENT TO SELL 51% OF ITS ALTERA BUSINESS TO SILVER LAKE
INTEL - TRANSACTION VALUES ALTERA AT $8.75 BILLION
INTEL - UPON CLOSING, EXPECTS TO DECONSOLIDATE ALTERA'S FINANCIAL RESULTS FROM INTEL'S CONSOLIDATED FINANCIAL STATEMENTS

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