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Intel snaps up Altera in $16bn deal

2015-06-01 15:39:35| BBC News | Business | UK Edition

The world's biggest chipmaker, Intel, has agreed to buy smaller rival Altera in a $16.7bn deal.

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WSJ: Intel to announce $54/share Altera deal on Monday

2015-06-01 02:48:49| Agriculture - Topix.net

Following more than two months of drama, Intel is set to announce tomorrow it's buying FPGA vendor Altera for the same $54/share price Bloomberg reported hearing in early April, per the WSJ . The reported price translates to a $16.2B valuation, or $13.2B after factoring net cash/investments.

Tags: monday deal intel announce

 
 

NY Post: Intel nears $15B deal for Altera

2015-05-29 20:41:01| Agriculture - Topix.net

Intel is close to a deal to buy fellow chipmaker Altera for about $15B, the NY Post reports, stating that a deal is "likely by the end of next week." Altera reportedly rejected an Intel $54/share bid just a few months ago and then broke off sales talks, but that was before Altera issued disappointing earnings.

Tags: post deal intel altera

 

Apple Drives Markets on Icahn Boost; Altera Sparks Chipmaker Rally

2015-05-19 13:41:59| Biotech - Topix.net

Altera was the best performer on the S&P 500 Monday following reports the company has reopened negotiations with Intel . Altera kicked off a rally among chipmakers, including Symantec which helped its shares recover from an earnings-driven sell-off last week.

Tags: apple markets drives boost

 

Endo Buys Par Pharmaceutical; Intel, Altera Relaunch Deal Talks

2015-05-19 13:41:58| Biotech - Topix.net

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Tags: par deal intel talks

 

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