Santa Clara (dpa -AfX) – Intel sells the majority of its business with programmable chips altera to the investment company Silver Lake Management. The transaction evaluated Altera with $ 8.75 billion (around 7.7 billion euros), the troubled industry giant announced on Monday in Santa Clara. Intel will then hold 49 percent. Previously, the Bloomberg news agency, citing the matter, had reported a possible sale with the matter.
Intel took over the company Altera ten years ago for around $ 17 billion, whose multi-purpose chips are used primarily in telecommunications networks.
Last year, the US chip manufacturer announced that it would sell a share in Altera. About two weeks ago, the new CEO LIP-BU TAN announced that the chip manufacturer’s assets that do not belong to the core business.
Intel once dominated the semiconductor market, but has been fighting problems for years. Especially in the business with chips for artificial intelligence, Nvidia conquered a top position. Intel is also more in the traditional business with PC processors and chips for data centers under pressure ./nas/mne/jkr/he
By the way: Intel and other US shares are even tradable at Finance.net Zero until 11 p.m. (without order fees, plus spreads). Open Depot now for free And receive a free stock as a gift.
Selected leverage products on Intel
With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Intel
The lever must be between 2 and 20
Advertising