Silver Lake, Intel-Backed Altera Confidentially Files for US IPO

Silver Lake, Intel-backed Altera confidentially files for US IPO

Intel (INTC) Stock:Advances Altera IPO as Chip Unit Returns to Public Markets

TLDR Intel stock rises as Altera takes another major step toward a proposed IPO Altera files an S-1 draft as the chipmaker prepares to return to public markets Intel retains a 49% stake after selling control of Altera to Silver Lake last year Altera’s IPO plan supports Intel’s broader restructuring and foundry growth strategy The [...]

Altera, the chipmaker acquired by Intel 11 years ago, has submitted a confidential IPO application.

Altera was acquired by Intel for $16.7 billion in 2015 and sold 51% of its shares to Silver Lake for $4.46 billion last September. Intel retains 49% of the shares. After the transaction is completed, Altera’s market capitalization is estimated at $8.75 billion. Today the company, best known for its FPGAs and chips used in […]

Chipmaker Altera confidentially files for US IPO

Chipmaker Altera announced on Tuesday that it has confidentially submitted a draft registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its c...

Altera files confidentially for IPO, targets potential listing worth over $2 billion

Altera's IPO could reshape the FPGA market by reintroducing a standalone investment option, potentially influencing tech investment trends.