28 Mar '15, 11am

#WSJ: #Intel looks to acquire #Altera #FPGA

Intel is in talks to buy Altera, according to the Wall Street Journal. Altera’s market capitalization grew from $10.4 billion to $13.4 billion after the Journal reported the news on Friday. The acquisition would be the biggest ever by Intel, whose market value is $151.6 billion. The Journal notes that Intel has worked with Altera before, citing a 2013 agreement to offer the fabless company access to Intel’s most advanced process. However, the Journal suggests Altera would continue to use TSMC to make most of its FPGAs because of the difficulty of moving production. The acquisition would continue a trend in the industry; NXP and Freescale announced a merger earlier this month that would make the combined chip company the top chip supplier to the automotive industry . The Journal presents an interesting graphic presenting market capitalization and year-on-year change rates i...

Full article: http://www.evaluationengineering.com/2015/03/28/wsj-intel...

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