Chipmaker Intel to buy Altera for $16.7 billion
Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers.
Jun 01, 2015, 21:19 PM ISTIntel close to deal to buy Altera for $16 billion: Sources
Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.
May 29, 2015, 23:55 PM ISTIntel''s standstill with Altera expires in June
Earlier this month, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, the sources said, asking not to be identified discussing confidential information
May 01, 2015, 16:04 PM ISTChipmaker deal helps Wall Street rebound
Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.
Mar 28, 2015, 09:31 AM ISTIntel in talks to buy Altera, shares of firms surge
Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion.
Mar 28, 2015, 08:58 AM IST