Intel could acquire Altera in its biggest acquisition ever

Intel could acquire Altera in its biggest acquisition ever

Tech giant Intel is in advanced talks to acquire processing chip maker Altera. Altera is a flexible programmable gate arrays (FPGAs) company and will help Intel in consolidating its microprocessor, custom chip and FPGAs units. Altera has a valuation of $ 13 billion.The deal is estimated to be worth over $10 billion and will be the single largest acquisition by Intel ever

According to industry analysts it makes sense for Intel to acquire Altera for two reasons. Firstly, FPGAs are extremely hard to program and Altera is an Industry leader. Secondly, It will help Intel with heterogeneous processing and Digital signal Processing especially in a time when its competitors like Nvidia and AMD have already signalled their interest in DSP

An acquisition will also help Intel in solidifying its manufacturing base and though Alternet does not manufacture chips itself, it will certainly help in keeping the stocks of Intel full.

Altera also has a higher revenue growth compared to Intel and an acquisition should help Intel’s stocks. According to Roger Kay, an analyst, the acquisition will be a big victory for the tech giant.

Stock market has responded well to the news and Intel’s shares were trading 6.4% up at $32 while Alter’s were up 28% at $44.39.


What's Hottest

New FAA drone regulations

With the purpose of keeping the standard of having the safest and most complex airspace in the world, the Department of Transportation’s Federal Aviation Administration released in August a series of regulations for the lawful use of unmanned aircraft systems (UAS) or “drones”.…

Companies to Block Extremist Videos

While companies are silent on whether rumors over the use of technology to automatically delete extremist content from their sites, it has been confirmed that they have met with the Counter Extremism Project (CEP) to adopt similar measures that Google, Microsoft, and Internet Service Providers used…

Japan abandons lost satellite

Astro-H satellite, also known as “Hitomi”, was a satellite sent by Japan´s space agency on February 17 to study black holes. The idea was primarily to study X-rays emitted by them. However, on March 26, contact with the satellite was lost. This brought all Japanese most brilliant…

Malvertisers use digital fingerprints

If you’ve ever owned a PC, odds are pretty good that at some point you’ve been a victim of malvertising. This is when you visit a website, and it installs a program onto your computer. Often, this happens without the user being aware of it. As many of us have experienced, these programs…

What is Bot Fraud?

Fraud is an issue in our modern society that we just cannot escape. Many people know of identity theft, online scams, and other measures of deception online, but what is bot fraud? Can robots really be fraudulent? Yes, robots can be created to steal identities online and pose many other threats to…

What is cellphone spyware & who uses it?

As the word itself suggests, cellphone spyware or spy software is precisely that: spying on a target phone in such a way that a person can have access to practically all cellphone activity. Now, it sounds like NSA would have access to all your activity and completely strip us of our privacy. This is…

Spot Light

China’s Tesla autopilot crash caused by the words “zidong jiashi”

Another controversy for Tesla’s autopilot - another crash was reported in China. The accident is the first recorded in China and occurred months after a terrible crash in Florida. These events have added pressure on regulators and auto industry executives to tighten up regulations on autopilot…

Read More

News Flash