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Feb 29, 2024 · What’s New: Today, Intel announced the official launch of Altera, its new standalone FPGA company.During the FPGA Vision Webcast, Chief Executive Officer Sandra Rivera and Chief Operating Officer Shannon Poulin unveiled their strategy to secure leadership across a $55 billion-plus market opportunity; to expand the company's portfolio, including the only FPGA with AI built into the fabric ...
Altera Corporation is a manufacturer of programmable logic devices (PLDs) headquartered in San Jose, California. It was founded in 1983 and acquired by Intel in 2015 before becoming independent once again in 2024 as a company focused on development of Field-Programmable Gate Array (FPGA) technology and system on a chip FPGAs.
- June 1983; 40 years ago
- $1.932 billion (2014)
- 3,091 (2014)
Oct 3, 2023 · Intel plans to make its programmable chip division, acquired from Altera in 2015, an independent entity and sell shares to the public or find a partner. The move is part of CEO Gelsinger's turnaround effort and aims to unlock more value from the semiconductor company.
Feb 29, 2024 · Intel separates its Programmable Solutions Group into a stand-alone company named Altera, two months after acquiring it for $16.7 billion in 2015. Altera aims to capitalize on the growing market for FPGAs across data center, communications and embedded segments.
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Dec 28, 2015 · Intel Corporation announced that it has completed the acquisition of Altera Corporation, a leading provider of field-programmable gate array (FPGA) technology. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments.